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Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

May 20 (Reuters) - Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday, and announced an $80 billion share repurchase program. Shares of the company were down over 2% in extended trading.
Reuters Reuters
Nvidia's outlook will be a test of its strategy to maintain AI dominance

Nvidia's outlook will be a test of its strategy to maintain AI dominance

By Zaheer Kachwala and Stephen Nellis May 19 (Reuters) - Nvidia is expected to deliver another blockbuster earnings report on Wednesday, but a shift in how artificial intelligence is used is raising doubts on how long its dominance in AI chips can last.
TheStreet TheStreet
Lisa Su is making bold new bet US chipmakers can't ignore

Lisa Su is making bold new bet US chipmakers can't ignore

Some of the most important business decisions are not made in boardrooms. They are made in rooms most of us will never see, on calendars that do not show up in earnings calls. For three years, the US semiconductor industry has been walking a tightrope. Washington keeps tightening the rules on what ...
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Analyst Calls Highlight Key Stock Movements for Nvidia, Amazon, and More

Analyst Calls Highlight Key Stock Movements for Nvidia, Amazon, and More

Analyst Calls Highlight Key Stock Movements for Nvidia, Amazon, and More
Trendline Trendline
Nvidia's Earnings Report Poised to Influence AI Chip Market Trajectory

Nvidia's Earnings Report Poised to Influence AI Chip Market Trajectory

Nvidia's Earnings Report Poised to Influence AI Chip Market Trajectory
TheStreet TheStreet
Top analyst makes shocking Micron stock price call after AI surge

Top analyst makes shocking Micron stock price call after AI surge

Wall Street did something strange with Micron Technology (MU) on May 18. Three major firms turned more bullish on the same morning the stock fell almost 6%. That kind of split between the tape and the research desk does not happen often, and it deserves a closer look. Melius Research raised its ...
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Nvidia CEO Jensen Huang Reflects on Challenges and Sacrifices in Building the Company

Nvidia CEO Jensen Huang Reflects on Challenges and Sacrifices in Building the Company

Nvidia CEO Jensen Huang Reflects on Challenges and Sacrifices in Building the Company
TheStreet TheStreet
Cathie Wood dumps more semiconductor stocks in blindsiding move

Cathie Wood dumps more semiconductor stocks in blindsiding move

Cathie Wood built much of ARK's 2026 comeback on semiconductors. Now she keeps selling them. On Monday, May 18, her ARK Invest funds sold more than $28 million of Advanced Micro Devices (AMD) and Taiwan Semiconductor stock (TSM), two names that still rank among the top holdings in her flagship ...
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Nvidia's Upcoming Earnings Report Expected to Highlight AI-Driven Growth

Nvidia's Upcoming Earnings Report Expected to Highlight AI-Driven Growth

Nvidia's Upcoming Earnings Report Expected to Highlight AI-Driven Growth
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Nvidia's Stock Predicted to Soar Post-Earnings Amid Strong AI Demand

Nvidia's Stock Predicted to Soar Post-Earnings Amid Strong AI Demand

Nvidia's Stock Predicted to Soar Post-Earnings Amid Strong AI Demand
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Wall Street Set to Open Higher as Semiconductor Stocks Rebound Amid Yield Retreat

Wall Street Set to Open Higher as Semiconductor Stocks Rebound Amid Yield Retreat

Wall Street Set to Open Higher as Semiconductor Stocks Rebound Amid Yield Retreat
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Nvidia CEO Jensen Huang Advises AI Founder on Embracing Job Challenges

Nvidia CEO Jensen Huang Advises AI Founder on Embracing Job Challenges

Nvidia CEO Jensen Huang Advises AI Founder on Embracing Job Challenges