Overview
- Nvidia, which reported results on Wednesday, posted $81.62 billion in revenue with $75.2 billion coming from its data‑center segment that powers AI training and inference.
- The company forecast roughly $91 billion for the next quarter, authorized an $80 billion share buyback and raised its quarterly dividend to $0.25, while CEO Jensen Huang set a cumulative AI‑chip revenue target of at least $1 trillion through 2027.
- Nvidia said next‑generation Blackwell GPUs are effectively sold out and it excluded China from near‑term data‑center guidance because U.S. export limits have restricted advanced chip shipments.
- Shares dipped modestly after the report as investors balanced the beat and strong guidance against worries about a stretched valuation and rising competition from custom chips and rivals such as AMD and Intel.
- The business depends on partners like TSMC and tight memory supply, which could keep backlogs long and push smaller buyers to the back of the line, so watch Blackwell supply ramps, hyperscaler capex and the market shift toward inference workloads for signs of sustainability.