. Nvidia (NASDAQ: NVDA) The price of the action has a nice elevator today (May 29). As I write, it is 4.2% higher in the pond after the company published earnings in the first quarter of 2026.

This puts legendary stocks of chip 9% discount on its 52-week maximum USD 153. This is why it will soon be another album of all time.

Walking after a walk

There are companies that say a good game, but their real results have failed. There are also companies that quietly allow impressive financial results.

Nvidia does both. As for the conversation, the general director of Jensen Huang framed Q1, saying: “Countries around the world recognize artificial intelligence as basic infrastructure – like electricity and internet – and Nvidia is in the center of this deep transformation. “

The results supported. Revenues increased by 69% year a year to USD 44.1 billion, overcoming expectations, while the corrected profit per share (EPS) increased by 33% to USD 0.81. Revenues from the data center, UP 73%A total of USD 39.1 billion.

The department of the data center, which is understandable, has the spotlight, considering that this takes place all the exhilarating growth of artificial intelligence. But the PC Gaming and AI units achieved record revenues of USD 3.8 billion, which is an boost in 42%, while revenues from cars and robotics increased by 72% to USD 567 million.

So there would be no exaggerated statement that Nvidia is shooting at all cylinders.

To say this, the company adopted a hit worth USD 4.5 billion after saving H20 supplies due to fresh export restrictions to China. Excluding this and related tax impact, the number of EPS would be USD 0.96. The hit was USD 1 billion than he was afraid because he was able to sell or change the purpose of some H20 systems.

Looking to the future, management expects revenues of around USD 45 billion, which reflects the loss of USD 8 billion in Chinese revenues from export curbs.

Chinese competition

It should be noted that S&P 500 It is today after the American commercial court blocked most of the “Liberation Day” tariffs of President Trump before entering into force. Investors support this, although in fact it probably causes even greater commercial uncertainty.

At the call of Huang’s earnings, he said: “Export restrictions have stimulated Chinese innovations and scale.“

In my opinion, the real risk is not only the loss of a Chinese company, which accounts for about 12.5% ​​of revenues. It is a real possibility that in the future Chinese rivals appear to challenge Nvidia on the global scene.

AND Hunter to Nvidia Teslahow it was.

Sovereign AI

For now, however, Nvidia rules the highest, and the quarter contained the usual parade of the highest level partnership and the most newfangled innovations.

NVIDIA presented Nvlink Fusion, Interkonect technology that allows partners to build a semi-non-standard AI infrastructure in a wider ecosystem. And joint ventures with General Motors AND Alphabet To develop various initiatives based on AI. The list is long.

In addition, supercomputers, AI factories in Saudi Arabia and a colossal campus of AI infrastructure with an area of ​​10 square miles in the United Arab Emirates will be built in the United States and Taiwan. Management says that Japan, Korea, India, Canada and most Europe are now building AI infrastructure.

After an boost of 29% in May, Nvidia supplies are not as affordable as it was. But with global demand for the company’s AI infrastructure “Extremely strong“And sovereign AI appearing as a fresh growth engine, I think Nvidia goes higher from here.

That is why it is worth considering long -term investors.