Nvidia Reports Record $58 Billion Earnings Driven by AI Chip Demand
Nvidia posts $58 billion in earnings fueled by massive demand in AI chips

Image: Inquirer
Nvidia, the leading artificial intelligence chipmaker, reported earnings of $58.32 billion for the February-April period, significantly surpassing Wall Street expectations. The company's revenue surged 85% to $81.62 billion, driven by unprecedented demand for its AI chips. Despite strong results, Nvidia's stock dipped slightly in after-hours trading.
- 01Nvidia's earnings per share rose to $2.39, up from 76 cents a year earlier.
- 02Analysts had predicted earnings of $1.75 per share and revenue of $78.91 billion.
- 03CEO Jensen Huang described the AI infrastructure expansion as 'the largest in human history.'
- 04Nvidia forecasts revenue of about $91 billion for the next quarter, exceeding analyst expectations of $87.29 billion.
- 05The company authorized an $80 billion stock buyback and increased its quarterly dividend to 25 cents per share.
Advertisement
In-Article Ad
Nvidia, based in Santa Clara, California, reported impressive quarterly earnings of $58.32 billion for the February-April period, marking a significant increase from $18.78 billion during the same timeframe last year. The company's earnings per share also rose to $2.39, surpassing analysts' expectations of $1.75. Revenue surged 85% to $81.62 billion, fueled by the growing demand for high-performance AI chips, which have established Nvidia as a leader in the market. CEO Jensen Huang emphasized the rapid expansion of AI infrastructure, calling it 'the largest in human history.' Despite these strong results, Nvidia's stock saw a slight decline in after-hours trading, reflecting investor concerns about a potential slowdown following a three-year boom that increased the company's market value from $400 billion to $5.4 trillion. Looking ahead, Nvidia forecasts revenue of approximately $91 billion for the next quarter and has announced an $80 billion stock buyback plan while increasing its quarterly dividend to 25 cents per share.
Advertisement
In-Article Ad
Nvidia's strong financial performance and stock buyback plan may positively influence investor confidence and market stability.
Advertisement
In-Article Ad
Reader Poll
Do you believe Nvidia's stock will continue to rise after this earnings report?
Connecting to poll...
More about Nvidia

TD Cowen maintient son avis positif sur Nvidia grâce à la demande croissante en intelligence artificielle
Investing French • May 21, 2026

South Korean Stocks Surge 8% Following Samsung's Wage Deal and Nvidia's Strong Earnings
Upi • May 21, 2026

Les marchés asiatiques s'envolent grâce aux résultats de Nvidia et à l'accord de Samsung
Investing French • May 21, 2026
Read the original article
Visit the source for the complete story.




