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Nvidia posts another record quarter, reveals $43 billion of holdings in startups

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CitrixNews Staff
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Nvidia posts another record quarter, reveals $43 billion of holdings in startups

Nvidia announced another record revenue figure after market close on Wednesday, reporting financial results for the quarter ending April 26. Over those three months, the company brought in $81.6 billion in revenue (up 20% from the previous quarter) and a record $75.2 billion in data center revenue. On the strength of that revenue, the company is authorizing $80 billion in share repurchases.

“Our Blackwell architecture is everywhere, adopted and deployed by every major hyperscaler, every cloud provider, and every major model maker,” said Nvidia CFO Colette Kress.

Originally reported by TechCrunch