Nvidia posts another record quarter, reveals $43 billion of holdings in startups

Key points

• Nvidia announced another record revenue figure after market close on Wednesday, reporting financial results for the quarter ending April 26. Over those three months, the company brought in $81.6 billion in revenue (up 20% from the previous quarter) and a record $75.2 billion in data center revenue.
• On the strength of that revenue, the company is authorizing $80 billion in share repurchases.
• “Our Blackwell architecture is everywhere, adopted and deployed by every major hyperscaler, every cloud provider, and every major model maker,” said Nvidia CFO Colette Kress.
• Notably, Nvidia did project a slowdown in revenue growth, forecasting $91 billion in revenue for the next quarter, which will be 12% growth.
• Chinese exports did not make any significant impact on the company’s earnings.