NVIDIA (NVDA) reported earnings that exceeded expectations, forecasting sales of approximately $91 billion for the July quarter. The company projects its central processor unit revenue to reach around $20 billion this year. Additionally, NVIDIA increased its quarterly dividend to $0.25 per share and expanded its stock repurchase program to $80 billion. Despite a slight dip in its share price, the company demonstrated strong confidence in its future growth prospects.
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NVIDIA Surpasses Expectations, Boosts CPU Revenue Outlook and Shareholder Returns
Deep News05-22
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