NVIDIA (NVDA) released its first-quarter financial report on May 22, exceeding analyst expectations and driving its stock price to break the $1,000 mark for the first time in after-hours trading. According to the report, NVIDIA's earnings per share were $6.12, higher than the market's expected $5.59 per share; revenue reached $26.04 billion, also surpassing the expected $24.65 billion. Additionally, NVIDIA expects revenue for the current quarter to reach $28 billion.

NVIDIA's performance is considered a key indicator of the AI boom. CEO Jensen Huang stated that the new generation AI chip, Blackwell, will drive revenue growth later this year. This quarter, data center revenue reached $22.6 billion, a year-on-year increase of 427%. Sales of NVIDIA's Hopper graphics processor (H100 GPU) were strong, particularly excelling in collaboration with Meta.

In addition to strong performance in the data center sector, NVIDIA's networking business revenue reached $3.2 billion, more than tripling year-on-year. Gaming business also saw an 18% growth, with revenue reaching $2.65 billion. Furthermore, revenue from professional visualization and automotive businesses were $427 million and $329 million respectively.

Notably, NVIDIA announced a 1-for-10 stock split, repurchased $7.7 billion worth of shares this quarter, distributed a dividend of $98 million, and plans to increase the quarterly dividend from $0.04 to $0.10 per share.

NVIDIA's strong performance and future technological innovations demonstrate its leading position in the field of artificial intelligence. Continued technological advancements and collaborations with major companies will further solidify its market position. With the continued growth in demand for AI and the launch of the Blackwell chip, NVIDIA's future revenue and profit growth are expected to continue on a positive trajectory.