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Nvidia Ships Vera Rubin AI, Records $13.5 B Revenue

5/24/2026

Summary

Nvidia Launches Vera

Nvidia announced its Vera Rubin AI platform will begin shipping in Q3 2026.
The company reported record revenue of $13.5 billion, marking its 14th consecutive quarterly increase.
Nvidia’s shares fell 1.86% to $215.42 as the forward-earnings multiple slipped to about 25× from 40×.
With over 90% of the GPU market and data centers over 10 MW doubling in a year, Nvidia stands to benefit from $190-$200 billion capex plans by Microsoft, Amazon and Alphabet.

Summary

QQQ Gains

QQQ rose to $717.54 on May 22, extending a three-day streak as Nvidia earnings lifted tech stocks.
The ETF is up 15% YTD and has traded between $501.48 and $722.12 in the past 52 weeks.
Nvidia makes up about 9% of QQQ and added 1.65 points to its YTD gain.
Analysts say AI spending has widened the return gap between QQQ’s market-cap weighting and equal-weight Nasdaq peers.

Summary

Nvidia Posts Record

Nvidia posted Q1 revenue of $82 billion, up 85% YoY, and EPS $1.87 beating consensus.
Revenue split: hyperscale $38 billion (+12% QoQ), AI compute infrastructure $37 billion (+31% QoQ), edge computing $6.4 billion (+29% YoY).
Management said demand has gone parabolic and declared Agentic AI has arrived.
Operating expenses are expected to rise in the upper-forties-percent YoY range, while Trefis’s 30-stock High Quality Portfolio has delivered over 105% cumulative returns versus the S&P 500.

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Nvidia Launches Vera

Nvidia announced its Vera Rubin AI platform will begin shipping in Q3 2026.
The company reported record revenue of $13.5 billion, marking its 14th consecutive quarterly increase.
Nvidia’s shares fell 1.86% to $215.42 as the forward-earnings multiple slipped to about 25× from 40×.
With over 90% of the GPU market and data centers over 10 MW doubling in a year, Nvidia stands to benefit from $190-$200 billion capex plans by Microsoft, Amazon and Alphabet.

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