Nvidia Reports Another Record Quarter, Authorizes Massive $80bn Buyback Program

Nvidia reported a record $81.6 billion in quarterly revenue, driven by $75.2 billion in data center sales.

The company authorized an $80 billion share buyback and forecast about $91 billion in next-quarter revenue, signaling slower growth ahead.

Nvidia also sharply increased private-company investments, deepening its reach across the AI supply chain through names like Anthropic and OpenAI.

The results reinforce Nvidia’s dominance in AI hardware, while the softer outlook suggests the boom may be maturing.