NVIDIA News - May 20, 2026
NVIDIA's first quarter fiscal 2027 revenue of $81.6B beat estimates, driven by 92% growth in Data Center revenue.
NVIDIA reported record first quarter results, with revenue growing 85% year-over-year to $81.6 billion and non-GAAP EPS increasing 140% to $1.87. The company...
NVIDIA invests $90 billion into AI startups, securing future hardware demand
NVIDIA invested approximately $90 billion into more than 145 AI companies over the last 16 months. This capital deployment represents roughly 40% of the...
Big Tech cuts buybacks, funding AI infrastructure despite Nvidia’s record returns
Amazon, Alphabet, Microsoft, and Meta are reducing share buybacks to fund AI infrastructure. The sector expects combined spending on data centers and...