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Nvidia earnings takeaways: Data center revenue nearly doubles, report is strong but stock slides

Nvidia reported strong Q1 2027 earnings, with data center revenue nearly doubling.

Source CNBC AI Summary Updated May 21, 2026

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Freshness Stale Updated May 21, 2026

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AI Summary

Nvidia reported strong Q1 2027 earnings, with data center revenue nearly doubling. The company's overall revenue exceeded expectations, but its stock price declined. CEO Jensen Huang attributed the change in reporting to an explanation on the earnings call.

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