As is illustrated by the chart below, provided by Yahoo! Finance - During Calendar ending July26th 2026 (Q2 Fiscal 2027), NVIDIA reported revenue of $96.2 billion, up 106% from a year earlier and 18% from the previous quarter.Data Center revenue reached $89 billion, increasing 117% annually as demand for AI computing infrastructure continued to expand.These results underscore NVIDIA’s central role in supplying the technology powering the AI buildout.
On a related note, this past week NVIDIA announced a $150 billion share repurchase program that was in addition to a previously authorized $85 billion that has yet to be completed. The company expects to execute the remaining program through fiscal 2028. As this is an authorization to repurchase outstanding shares, the net impact of fewer shares available to the public is higher earnings per share than they would have been otherwise. On an absolute basis, $150 billion is a huge number. However, keep in mind that it is only 2.5% of their market cap!
NVIDIA’s buyback is historic, as it is the largest in history. However, they do not, by themselves, guarantee positive returns. Nonetheless, they are an indication that Nvidia believes in the business prospects of the company and therefore considers the current stock price, a value. This in turn reinforces our optimism in technology and that companies will continue to spend on this AI buildout.
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