Nvidia reported record quarterly revenue of $81.6 billion for the quarter ending April 26, with data center revenue hitting $75.2 billion. The company authorized $80 billion in share repurchases. Revenue growth is expected to slow to 12% next quarter, with $91 billion forecasted. A notable disclosure was Nvidia's privately held startup stakes nearly doubling from $22 billion to $43 billion in a single quarter, driven by $18.5 billion in new purchases. Chinese exports had no material revenue impact. Jensen Huang highlighted a significant upcoming infrastructure buildout for Anthropic, and Nvidia's February commitment to invest $30 billion in OpenAI was also noted.
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