NVIDIA Posts $81.6 Billion Quarter and Announces New $80 Billion Buyback

Record data‑center sales are fueling huge cash flow, prompting investor demand for clearer capital‑return plans, answers on hyperscaler competition.

Overview

The company, which reported results on May 20, posted $81.6 billion in revenue, up 85% year over year, beating expectations by nearly $3 billion.
NVIDIA said hyperscale data‑center revenue rose 115% year over year and AI cloud, industrial, and enterprise revenue grew 74%, making data centers the engine of the quarter.
Management guided about $91 billion for the current quarter while assuming no China data‑center compute revenue, a conservative stance that still tops Street forecasts.
NVIDIA bought back nearly $20 billion of stock in the quarter and unveiled a fresh $80 billion repurchase program on top of roughly $40 billion left from its prior authorization.
Market reaction was muted after the report, and commentators urged the company to clarify how it will defend against hyperscalers building custom chips and how it will deploy its growing cash pile.