Skip to news
Today’s briefing
JQJO
Latest

United States chipmaker Nvidia posts soaring revenue, shares slide | JQJO

United States chipmaker Nvidia posts soaring revenue, shares slide

Tap title to read story

0:00 / 2:11

Santa Clara, California – Nvidia reported first-quarter 2026 revenue of $81.62 billion on May 20, an 85 percent increase from a year earlier and above Wall Street’s $78.9 billion consensus estimate. Earnings per share were $1.87, topping forecasts of $1.77 as surging demand for artificial intelligence chips in its data center division continued to drive the bulk of the company’s growth. Nvidia also disclosed a $16 billion gain in other income from non-marketable securities, including stakes in AI companies Anthropic and OpenAI, and authorized a new $80 billion share repurchase program, which analysts described as the largest buyback in the company’s history. CEO Jensen Huang said demand for Nvidia’s chips is rising across cloud providers, enterprise customers and sovereign AI programs, and the company issued strong second-quarter guidance that projects continued data center expansion.

New York – Nvidia’s strong financial results did not prevent its shares from falling in after-hours and pre-market trading on May 21, leaving the stock on track for a fourth consecutive post-earnings decline and putting pressure on its roughly $3.5 trillion market capitalization. Options markets had implied a move of about 6.5 percent in either direction, translating to a potential swing of around $350 billion in market value, a sum larger than the entire market capitalization of most S&P 500 companies. Analysts said the post-earnings weakness, despite repeated quarterly beats, reflects investor focus on whether Nvidia can maintain its rapid revenue growth amid intensifying competition from AMD, Intel and custom chips developed by major cloud providers. Broader U.S. equity benchmarks ended mixed on May 21, while oil prices and long-term Treasury yields remained volatile as markets tracked developments in the Middle East and the Federal Reserve’s steady interest-rate stance.

Published · Published by JQJO

Published by JQJO Editorial Desk · AI assisted

More context

Timeline

  1. One year ago Nvidia posts significantly lower revenue
  2. Earlier in 2026 Options market prices 6.5-percent move
  3. May 20, 2026 Nvidia reports 85-percent revenue surge
  4. May 20, 2026 Earnings per share beat forecasts
  5. May 20, 2026 Company announces $80 billion buyback
  6. May 20, 2026 Nvidia records $16 billion investment gains
  7. May 21, 2026 Shares fall pre-market after earnings
  8. May 21, 2026 S&P 500 ends slightly higher

Why it matters

Nvidia's financial performance can impact your wallet. If you own Nvidia stocks, watch for potential market swings. If you're considering investing, note the company's growth and competitive landscape. Check your portfolio and consult with your financial advisor.

JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.

Editorial policy and corrections · Our team

Microsoft’s Xbox Helix Could Cost Up to $1,800, Says Fortune Report

Tap title to read story

0:00 / 0:38

DOJ Opens Investigation Into Corey Lewandowski

Tap title to read story

0:00 / 0:12

Charli XCX to Make Cameo in Martin Scorsese’s Upcoming Thriller

Tap title to read story

0:00 / 0:42

Atlanta Falcons Post Retro Logo That Sparks Nazi‑Resemblance Backlash

Tap title to read story

0:00 / 0:31

Marshall Faulk Diagnosed With Parkinson's Disease

Tap title to read story

0:00 / 0:26

Typhoon Champi Threatens Taiwan, Japan

Tap title to read story

0:00 / 0:29

YouTube Moves Subscriptions Tab

Tap title to read story

0:00 / 0:33

Texas QB Arch Manning Described as Edgy

Tap title to read story

0:00 / 0:26

No Widespread Damage Reported from Newly Publicized PHP Vulnerabilities

Tap title to read story

0:00 / 0:45

Moderna‑Merck Melanoma Vaccine Cuts Relapse Risk by 42%

Tap title to read story

0:00 / 0:41

JQJO

Find your next story

Search JQJO’s current coverage.