Nvidia forecasts quarterly revenue above estimates, announces US$80 billion share buyback
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It expects “revenue of US$91 billion, plus or minus 2 per cent,” the company said. Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday (May 20) and announced a US$80 billion share repurchase programme. Shares of the company were up 1.3 per cent in extended trading. The world's most valuable company expects revenue of US$91 billion, plus or minus 2 per cent, compared with estimates of US$86.84 billion, according to data compiled by LSEG. Nvidia 's results are
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