Nvidia’s first-quarter earnings top Wall Street estimates as data-center revenue surges 73%, and Tesla rises as CEO Elon Musk ends his work for the Trump administration.

Nvidia's results were much better than they might seem at first glance. Both the top and bottom lines were hurt by new U.S. government export controls on the company's H20 chip, which it had specifically designed for the Chinese market to comply with the government's second round of advanced AI chip export controls.

Investors are weighing a court decision that blocked some Trump tariffs, Nvidia's earnings report, and Musk's renewed focus on Tesla.

It marked a break from the company’s recent string of post-earnings slumps, and it signals that Wall Street believes the AI trade can still outrun geopolitics, even if that hasn’t exactly happened to start 2025. Nvidia’s quarter by the numbers:

Nvidia Corporation delivered strong Q1 2026 results, beating expectations. Click here to find out why I maintain a buy rating on NVDA stock.

Can Nvidia Stock Hit New Heights? CEO Jensen Huang Just Provided Clear and Compelling Evidence That the Answer Is "Yes." The chipmaker just answered bears who feared the company's growth streak had stalled.

Artificial intelligence technology bellwether Nvidia overcame a wave of tariff-driven turbulence to deliver another quarter of robust growth amid feverish demand for its high-powered chips that are making computers seem more human.

Nvidia Corporation faces export bans and slowing growth despite AI dominance. Click to see why investors await pullbacks for opportunity. Click for more on NVDA.