Nvidia Reports Record Revenue and Announces $80 Billion Share Repurchase Plan
Nvidia reported a record revenue of $81.6 billion for the quarter ending April 26, with data center revenue reaching an all-time high of $75.2 billion. The company announced plans to repurchase up to $80 billion in shares and revealed nearly doubling its holdings in private companies from $22 billion to $43 billion during the period.
Tickers: $NVDA
Topics: data center growth private equity investments revenue share buybacks