Nvidia Posts Record $81.6 Billion Quarter and Boosts Buyback and Guidance

Overview

• Nvidia reported a record quarter on May 20, 2026 with revenue of about $81.6 billion and adjusted net income near $58.3 billion, beating Wall Street estimates.
• The company said its data center business drove the results with roughly $75.2 billion in sales as demand for AI accelerators surged.
• Nvidia’s board authorized an additional $80 billion for share repurchases and raised the quarterly cash dividend to $0.25 per share to return cash to investors.
• For the next fiscal quarter the firm gave above‑consensus revenue guidance of about $91 billion and said that forecast excludes material China sales because of U.S. export controls.
• Analysts say the report reinforces the near‑term AI infrastructure boom but now shifts scrutiny to growth durability, rising competition from Intel, AMD and cloud in‑house chips, and how those forces will affect valuation and capital allocation.