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Thu, 21 May 2026

Thu, 21 May 2026 Nvidia's latest record earnings fail to impress investors

The chip giant reported more stellar results but its shares fell after-hours as investors wonder if it can keep up its pace of growth amid greater competition.

* Nvidia has reported a record quarter with sales and profits beating expectations, despite a 1.6% drop in shares after hours.
* Revenue was up 85% on the year to $81.6bn (£60.7bn), while net income more than tripled to $58.3bn.
* The company forecasts spending on AI infrastructure to be between $3tn and $4tn a year by the end of this decade.
* Nvidia's chief executive, Jensen Huang, attributed the strong demand for its chips to the "era of agentic AI" being upon us.
* The company is returning cash to shareholders with a higher dividend payout and an £80bn share buyback programme.
* Analysts note that investors have become accustomed to Nvidia's stellar results and are seeking hypergrowth, which may indicate a sell-off.