https://wccftech.com/nvidia-posts-phenomenal-quarter-amidst-covid-slowdown-data-center-tops-1-billion-for-the-first-time/ > NVIDIA just posted an incredible first quarter for fiscal year 2021 amidst coronavirus-induced uncertainty with revenue up 39% year-over-year and flat quarter-over-quarter. The company's data center ventures topped $1 billion in revenue for the first time and (NASDAQ:NVDA) introduced its brand new Ampere-based A100 GPU. They expect to come out swinging later this year with a full-blown 7nm launch. The stock market reaction was neutral to cool in after-hours trading with the stock continuing on a slightly downward trend and docking 2.17% off the market cap. This is because most of this information has already been priced in the major rally seen since March 13, 2020. > Very few companies have been able to maintain their momentum in what is essentially a global economic halt as well as a pandemic. Even less managed to post strong results that beat Wall Street estimates. NVIDIA is a seasonal business and their posted quarter comfortably beats the non-COVID comparable-quarter of Q2 FY2020 from last year - which is phenomenal.