Nvidia posts $81.6B quarter, $80B buyback amid AI boom

MSN
2026.05.29 14:23
portai
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Nvidia reported a record Q1 FY27 revenue of $81.6 billion, driven by 92% growth in data center sales and 199% in networking. The company approved an $80 billion share buyback and increased its quarterly dividend to $0.25 per share. Analysts forecast Q2 revenue at $91 billion, citing sustained AI expansion.