It expects “revenue of US$91 billion, plus or minus 2 per cent,” the company said.
An NVIDIA logo and a computer motherboard appear in this illustration taken Aug 25, 2025. (Photo: REUTERS/Dado Ruvic)
21 May 2026 05:00AM
(Updated: 21 May 2026 05:30AM)
Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday (May 20) and announced a US$80 billion share repurchase programme.Shares of the company were up 1.3 per cent in extended trading.The world's most valuable company expects revenue of US$91 billion, plus or minus 2 per cent, compared with estimates of US$86.84 billion, according to data compiled by LSEG.Nvidia's results are largely considered a barometer for the AI market's health, as its chips are used in virtually every major data centre in the world, powering the largest and most advanced AI models.
