Overview

• Nvidia reported revenue of $46.743 billion and net income of $26.422 billion for the quarter, with Data Center contributing about $41.1 billion, or roughly 88% of sales.
• The company recorded no H20 chip sales to customers based in China and forecast roughly $54 billion in next‑quarter revenue, with guidance explicitly assuming no H20 shipments to China.
• Shares fell in after‑hours trading and were lower in pre‑market action, even as the S&P 500 notched a record close earlier and futures traded mixed.
• Nvidia’s board approved an additional $60 billion in share repurchase authorization, on top of $14.7 billion remaining under the prior program.
• A U.S. licensing arrangement that captures 15% of advanced chip sales revenue in China underscores regulatory headwinds, even as demand for Blackwell chips remains strong among hyperscalers.