Nvidia Stock Pops as AI-Powered Earnings and Revenue Beat Wall Street's Expectations Despite Chinese Market Headwinds
In Q1, the tech giant continued to experience powerful demand for its products that enable AI capabilities.
Shares of Nvidia (NASDAQ: NVDA) gained 4.9% in Wednesday's after-hours trading, following the artificial intelligence (AI) tech leader's release of a better-than-expected report for the first quarter of fiscal 2026 (ended April 27, 2025).
The main catalysts for the stock's rise are the quarter's revenue and earnings beating Wall Street's expectations, with the profit beat a sizable one.
Second-quarter revenue and earnings guidance fell slightly short of the analyst consensus estimates, but not enough to be a concern. Recently, most companies are being particularly conservative with guidance -- or not issuing it at all -- due to extreme uncertainty in the macroeconomic environment stemming from U.S. trade policy.
