Back to Feed
Tech▲ 80
Nvidia posts record quarter, reveals startup holdings
TechCrunch·
Nvidia reported another record quarter with $81.6 billion in revenue, driven by strong data center performance and widespread adoption of its Blackwell architecture. The company authorized an $80 billion share repurchase program. Despite projecting a slowdown in revenue growth for the next quarter, Nvidia's financial results were not significantly impacted by Chinese exports. A notable revelation was the near doubling of Nvidia's stakes in private companies to $43 billion, including a substantial investment in OpenAI and a significant pending buildout with Anthropic, underscoring its deep integration into the AI ecosystem.
Tickers
$NVDA
Tags
earnings
ai
funding
Original Source
TechCrunch — techcrunch.com