Wall Street has cut earnings estimates for Nvidia (NVDA, Financials) just ahead of its fiscal first-quarter report, as the chipmaker faces pressure from a U.S. export ban on advanced AI chips to China.

In conjunction with the results, Nvidia said it would pay its quarterly dividend of $0.01 per share to shareholders on July 3, to all shareholders of record on June 11, 2025. The company will hold a conference call at 5 p.m. EST to discuss the results.

Nvidia's (NVDA) first-quarter revenue rose to a record high, topping analysts’ expectations, but earnings missed as the chipmaker took a hit from new export curbs. Nvidia reported adjusted earnings of 81 cents per share on revenue that jumped 69% year-over-year to a record $44.