Nvidia Posts Record $81.6B Revenue, $43B Startup Stakes

Nvidia reported record quarterly revenue of $81.6 billion, up 20% from the previous quarter, with data center revenue hitting $75.2 billion. The company authorized $80 billion in share repurchases and projects $91 billion in revenue next quarter, representing 12% growth. A major surprise was Nvidia's privately held startup stakes nearly doubling from $22 billion to $43 billion in just one quarter, driven by $18.5 billion in new purchases. CEO Jensen Huang highlighted a significant new infrastructure buildout with Anthropic, while Chinese export restrictions have yet to generate any revenue impact.