Nvidia overcomes tariff-driven turbulence to deliver Q1 results that eclipsed projections

Nvidia overcomes tariff-driven turbulence to deliver Q1 results that eclipsed projections

Nvidia overcomes tariff-driven turbulence to deliver Q1 results that eclipsed projections

By MICHAEL LIEDTKE, Associated Press

SAN FRANCISCO (AP) — 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.

The results announced Wednesday for the February-April period came against the backdrop of President Donald Trump’s on-again, off-again trade war that has whipsawed Nvidia and other Big Tech companies riding AI mania to propel their revenue and stock prices upward.

But Trump’s tariffs — many of which have been reduced or temporarily suspended – hammered the market values of Nvidia and other tech powerhouses heading into the springtime earnings season as investors fretted about the trade turmoil dimming the industry’s prospects.

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