Wednesday, May 20, 2026
No Result
View All Result
NewsWave
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login
No Result
View All Result
NewsWave
No Result
View All Result
Home World

Nvidia reports record profit and revenue during AI chip surge

20 May 2026
in World
Share on FacebookShare on Twitter



Nvidia reported record profits and revenue, with a quarterly profit of $58.3 billion for February-April, a 37% increase from the previous quarter and over 200% year-over-year. Revenue rose to $81.6 billion, driven primarily by a 92% annual growth in its data-center business. Despite exceeding expectations, Nvidia shares fell nearly 1.3% in after-hours trading, reflecting high market expectations. The company announced an $80 billion share buyback and increased its quarterly dividend to $0.25 per share.

Want More Context? 🔎

🌊 Diving deeper into this topic...

🪄 Creating a simple explanation...

Loading PerspectiveSplit analysis...

Tags: ChipEconomyNvidiaProfitrecordreportsrevenuesurgetechnologyUnited StatesUS & Canada
Previous Post

Trump reveals military complex being built under White House ballroom

Next Post

Heatwave alert issued for Delhi, Uttar Pradesh, Punjab, and Haryana

Related Posts

Australia

SGA leads Thunder to tie Western Conference finals

20 May 2026
Middle East

Iranians Face Isolation Due to Internet Restrictions Under Government

20 May 2026
New Zealand

Routine eye exam reveals severe hypertension and stroke risk

20 May 2026
USA

SpaceX to launch upgraded Super Heavy-Starship rocket

20 May 2026
India

Heatwave alert issued for Delhi, Uttar Pradesh, Punjab, and Haryana

20 May 2026
Canada

Trump reveals military complex being built under White House ballroom

20 May 2026
Please login to join discussion
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • Trending
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Shohei Ohtani leads Dodgers to series victory over Padres
  • SGA leads Thunder to tie Western Conference finals
  • China’s Housing Crisis and Its Global Impact.
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2026 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login

Copyright © 2026 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In