Taiwan indicts nine for illegal AI server exports to China

NVIDIA (NVDA) reported a 92% year-over-year increase in Data Center revenue to $75.246 billion, driven by agentic AI demand. Total revenue rose 85.23% to $81.61 billion, with Q2 guidance at $91.0 billion. The company also announced a dividend increase and $80.0 billion in buybacks. Management expects supply constraints to persist due to high hyperscale capex.

Nvidia plans to use its $6bn deal with AI startup Poolside to build open-weight AI models, competing with China's DeepSeek and Moonshot. The deal includes $1bn in equity at a $12bn valuation. Nvidia's CEO Jensen Huang emphasized the importance of open-weights for US AI leadership. Poolside's 109 employees will join Nvidia to work on the Nemotron project, aiming to develop open-weight models.

Taiwanese prosecutors indicted nine individuals, including employees of Nvidia and Super Micro, for allegedly exporting AI servers with Nvidia chips to China, violating US export controls. The servers are subject to US restrictions imposed since 2022. Prosecutors claim the defendants were aware of the companies' export control procedures but colluded for profit, causing compliance costs and reputational damage.

Nvidia (NVDA) reported $81.6B revenue in Q1 2027, with data center sales up 93% YoY. The company's AI infrastructure, including Blackwell GPUs, drives demand. Nvidia partners with firms to mobilize $500B for AI financing. Analysts highlight strong pricing and market dominance.

Nvidia is reportedly considering an investment in AI startup Perplexity, potentially valuing it at over $30 billion. This move highlights Nvidia's strategy to expand its influence in the AI sector beyond its core chip business.

Nvidia has reportedly agreed to a $6B deal with startup Poolside, licensing its technology and hiring its staff to advance Nemotron models. The agreement is aimed at accelerating Nvidia's AI development efforts.