Framing Analysis
Nvidia announced an $80 billion share repurchase program and increased its quarterly dividend to 25 cents per share following earnings released on May 20, 2026. The company forecast second-quarter revenue of $91 billion, above Wall Street estimates of $86.84 billion, with revenue up 85 percent and profit up 211 percent year over year. Nvidia excluded China data-center revenue from its outlook and reported no Hopper chip shipments to China in the quarter ending April.