Overview

• Nvidia reported revenue of $46.743 billion and net income of $26.422 billion for the May–July quarter, up roughly 56% and 59% year over year.
• Data Center sales reached about $41.1 billion, accounting for roughly 88% of total revenue and underscoring continued demand for Blackwell-based systems.
• The company recorded no H20 chip sales to China in the quarter and said its next-quarter guidance of about $54 billion, with a ~2% range, assumes no H20 shipments to China.
• Shares fell in after-hours trading despite the beat as investors zeroed in on China-related limits and tempered near‑term growth, a sensitive issue given Nvidia’s >$4 trillion value and roughly 8% weight in the S&P 500.
• Nvidia’s board added $60 billion to its share repurchase authorization, and analysts note upside scenarios for future revenue if H20 exports to China resume.