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Nvidia reports $96.22 billion in quarterly revenue amid surging AI demand
Nvidia has reported strong financial results, driven by surging demand for artificial intelligence technology. The company's quarterly revenue reached $96.22 billion, with its AI Clouds, industrial, and enterprise customer segment alone generating $40.3 billion in sales, a 138% annual increase.
CEO Jensen Huang expressed optimism regarding future growth, stating he expects the company to sell twice as many chips in 2027 compared to 2026. This outlook is supported by CFO Colette Kress, who provided guidance for 70% revenue growth in the upcoming fiscal year. Despite this momentum, the company noted that manufacturing capacity and supply constraints, including those at partner Taiwan Semiconductor Manufacturing Company, remain limiting factors.
In terms of shareholder returns, Nvidia is set to pay a quarterly dividend of $0.25 per share on October 1, 2026, maintaining an annual dividend of $1 per share. Additionally, the company has approved an $80 billion share buyback program. Following the earnings announcement, Nvidia's market capitalization saw a significant boost as investor confidence in the durability of AI demand remains high.
Entities
Broadcom · Colette Kress · Intel · Jensen Huang · Nasdaq · Nvidia · Taiwan Semiconductor Manufacturing Company
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The company's annual dividend is currently $1 per share. comparic.pl
- [○ 1 SOURCE] The company's AI Clouds, industrial, and enterprise customer segment generated $40.3 billion in quarterly sales. rocketnews.com
- [● 2 SOURCES] CEO Jensen Huang expects Nvidia to sell twice as many chips in 2027 compared to 2026. www.fool.com · time.news
- [○ 1 SOURCE] Nvidia approved an additional $80 billion share buyback program. comparic.pl
- [○ 1 SOURCE] Nvidia's quarterly revenue reached $96.22 billion. comparic.pl
- [● 2 SOURCES] Nvidia's CFO projected 70% revenue growth for the next fiscal year. www.fool.com · time.news
- [○ 1 SOURCE] Nvidia will pay a quarterly dividend of $0.25 per share on October 1, 2026. comparic.pl