Overview
- Nvidia reported roughly $81.6 billion in quarterly revenue with $75.2 billion coming from its data‑center business, a figure the company disclosed on May 20 that shows AI infrastructure now drives the bulk of sales.
- Management guided to about $91 billion for the next quarter and CEO Jensen Huang reiterated a goal of at least $1 trillion in cumulative AI‑chip revenue through 2027, projecting continued heavy hyperscaler spending.
- The company said next‑generation Blackwell GPUs are effectively sold out, indicating demand currently exceeds manufacturing capacity and that TSMC‑led advanced‑node supply is a bottleneck.
- Nvidia’s board authorized an additional $80 billion in buybacks, raised the quarterly dividend to $0.25 from $0.01, and disclosed $43 billion in private‑company stakes, signaling a shift toward large capital returns and ecosystem investments.
- Shares ticked down modestly after the results as investors weighed lofty valuations and geopolitical risk, and CFO Colette Kress said approved products have not yet generated China revenue, leaving that market uncertain.