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

A striking development has emerged in artificial intelligence. 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.

This advance offers important signals about the future of the sector, and the tech world is watching closely.