Nvidia reported another blockbuster quarter on Wednesday, posting record revenue of $81.6 billion for the first quarter ended April 26, 2026, as demand for artificial intelligence infrastructure continued to surge across the world. The figure marks a 20% jump from the previous quarter and an eye-popping 85% surge compared to the same period last year. The results once again highlighted Nvidia’s dominance in the AI chip race, especially through its fast-growing data centre business, which now makes up the bulk of the company’s revenue. Still, investors appeared cautious after the results. Nvidia shares briefly dropped more than 2% in after-hours trading following the announcement.