Nvidia announced a massive stock buyback program worth $80 billion and increased its dividend yield by 2,400%, raising the annual dividend from $0.04 to $1 per share. This move significantly benefits CEO Jensen Huang, whose dividend income is set to jump from $32 million to $812 million annually due to his large shareholding. The company also reported strong quarterly earnings, beating revenue and EPS estimates, and highlighted a $200 billion revenue opportunity from its new Vera CPUs, signaling growth beyond its GPU dominance in AI. Despite strong business results, Nvidia's stock price has risen 19.62% in 2026, underperforming some competitors, but remains up over 1,400% since the AI boom began.
NVIDIA CEO Jensen Huang announced the Vera CPU, a new product targeting a $200 billion market opportunity in AI and data center infrastructure. Vera is designed specifically for agentic AI workloads and will be deployed in various configurations, inc...
Samsung Electronics workers paused an 18-day strike after reaching a tentative wage agreement, easing disruption concerns at South Korea's largest company. The union will vote on the deal from May 22 to 27, following government-led negotiations that ...
Nvidia CEO Jensen Huang stated the company has largely conceded the Chinese AI chip market to Huawei due to US export restrictions. Despite reporting a strong quarter with revenue up 85% and launching an $80 billion buyback program, Nvidia faces chal...
SoftBank Group's shares jumped over 16% following Nvidia's blockbuster earnings report, which highlighted strong growth in the artificial intelligence sector. SoftBank benefits from its stake in Arm Holdings, whose chip designs support AI servers pow...
Nvidia CEO Jensen Huang introduced the Vera CPU, designed specifically for agentic AI, marking a new $200 billion total addressable market for the company. Vera targets AI agents that run tasks on CPUs, complementing Nvidia's GPU dominance in AI mode...
