Citi's financial estimates for the first quarter performance of Nvidia

1. Nvidia's total revenue for the first quarter of April is expected to be $24 billion, with datacenter (DC) revenue expected to be $21 billion.

2. Citi expects total revenue to be around $26 billion, with DC revenue at around $23 billion.

3. For the July sales, Citi expects $27.5 billion, compared to the market estimate of $26.5 billion and the buyer's estimate of about $28 billion.

4. Citi expects sales to increase slightly compared to the previous quarter before the sales of GB200 increase in the first half of 2025, with an increase in sales volume, a shortening of H100 lead time, and normalization of gross profit margin.