Ahead of NVIDIA Earnings, Markets Focus on Blackwell Progress and On-Chain Bull-Bear Battle
NVIDIA leads the global market for AI accelerators, and whether its Blackwell architecture can enter mass production smoothly will affect capital spending by cloud providers including Microsoft and Meta, as well as the broader AI supply chain. Ahead of the earnings report, Wall Street was watching new chip deliveries, data center demand and whether heavy AI investment was approaching an inflection point.
NVIDIA reported quarterly revenue of $39.3 billion on February 26, 2025, up 78% from a year earlier and above Wall Street expectations. Blackwell generated about $11 billion in revenue, while AI-related crypto assets gained following the results. Before the report, long and short positions totaling tens of millions of dollars also faced off in Hyperliquid’s on-chain NVDA contracts.
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The history behind this eventNVIDIA Set to Report FY2027 Q1 Results, With Revenue Forecast at Record $78 Billion
NVIDIA is the global leader in AI accelerators, and its results are seen as a key barometer of demand for AI infrastructure. Beyond the pace of Blackwell platform shipments and gross margins, the market will assess the implications for foundry partner TSMC and rival AMD.
NVIDIA reported its FY2027 first-quarter results on May 20. The market had initially forecast record revenue of $78 billion. The latest results showed first-quarter revenue rose 85% year over year, beating expectations, and the company announced an additional $80 billion share repurchase program.
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