Thursday, May 21Thursday, May 21Nvidia reported record financial performance in the first quarter of 2026, driven by surging demand for its AI chips. Revenue reached $81.6 billion, an 85% increase year-over-year, while profit hit a record $58.3 billion . The company’s growth was attributed to the rapid expansion of AI infrastructure, with CEO Jensen Huang stating that the buildout of "AI factories" represents the largest infrastructure expansion in history .
Nvidia announced plans to return more than $80 billion to shareholders through a combination of stock buybacks and a dividend increase. The $80 billion stock buyback scheme was highlighted as a significant benefit for investors, alongside the dividend hike . Despite the strong financial results, Nvidia’s shares dipped in late trading as investors expressed concerns about rising competition and the company’s efforts to diversify beyond big tech . The dividend lift was framed as a response to investor unease about long-term growth prospects .
Nvidia beats expectations again as AI boom drives revenue surge, but shares slip The worlds most valuable company beat forecasts as revenues jumped 85. Yet rising competition and efforts to diversify beyond big tech left investors cautious, sending shares lower in late trading.
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cnbc · about 4 hours ago
Nvidia revenue hits 524 billion kroner in three months Chip giant Nvidia is benefiting from the massive investments currently being made in artificial intelligence development. The company generated a revenue of 81.6 billion dollars in the first quarter, representing an 85 percent increase compared to the same period last year. Nvidia produces advanced computer chips for data centers, and it is precisely these sales […]
cphpost · about 8 hours ago
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aljazeera · about 8 hours ago
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financial times · about 12 hours ago
Nvidias revenue blows past Wall Street expectations as AI boom accelerates Many analysts view companys financial performance as a broader referendum on AI buildoutNvidia continued its years-long streak of beating Wall Streets expectations for growth on Wednesday, reassuring most investors that the AI boom, particularly the global explosion of datacenters, will continue apace.The buildout of AI factories – the largest infrastructure expansion in human history – is accelerating at extraordinary speed, said Nvidias CEO, Jensen Huang, in a statement. Agentic AI has arrived, doing productive work, generating real value, and scaling rapidly across companies and industries. Continue reading...
theguardian · about 14 hours ago
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financial times · about 15 hours ago
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independent · about 15 hours ago
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financial times · about 16 hours ago