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Nvidia revenue jumps 85% YoY in Q1, announces $80 bn share buyback
short by Vaishnavi Mishra / on Thursday, 21 May, 2026
Chip giant Nvidia reported record revenue for the first quarter ended April 26. Its revenue stood at $81.6 billion, up 20% from the previous quarter and up 85% from a year ago. It also witnessed data centre revenue of $75.2 billion, up 92% from a year ago. Nvidia also announced an $80 billion additional share repurchase authorisation.
read more at Moneycontrol