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Nvidia recently reported its second consecutive record quarter, achieving $81.6 billion in revenue and a stellar $75.2 billion in data center sales. This impressive performance comes with an authorization of $80 billion for share repurchases.
- The company highlighted the widespread adoption of its Blackwell architecture across major hyperscalers and cloud providers, emphasizing their role as foundational technology in various sectors.
- Despite a projected slowdown in revenue growth to 12% for the next quarter, Nvidia maintained robust financial health. This was underscored by strong data center sales, which grew at a rate of 40%, surpassing expectations.
- A surprising revelation from the quarterly report was the significant increase in Nvidia’s holdings in privately held companies. The company’s stake rose from $22 billion to nearly $43 billion over the quarter, primarily through new investments totaling $18.5 billion.
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