TechFlow News, May 21: NVIDIA (NVDA.O) released its earnings report after U.S. market hours on Wednesday. For Q1 FY2027, the company reported revenue of $81.6 billion, surpassing the market expectation of $78.672 billion; data center revenue totaled $75.2 billion, exceeding the consensus estimate of $72.8 billion. NVIDIA also announced an $80 billion share repurchase program and increased its quarterly cash dividend from $0.01 to $0.25 per share. Furthermore, spending on NVIDIA’s data center business—the primary source of its revenue—has yet to show signs of slowing. The company forecast second-quarter revenue at $91 billion, with a ±2% range; the median market expectation stood at $86.788 billion, though the highest forecast reached $96 billion. (Jinshi)
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