Nvidia disclosed on Wednesday it will add $80 bn to its share‑repurchase programme and lift the quarterly dividend to $0.25 per share, taking annual payouts to roughly $24 bn. The chipmaker, whose AI‑focused revenue surged 85% to $81.6 bn in the April quarter, beat Wall Street’s $86 bn sales consensus but fell short of the most optimistic forecasts. Shares were flat overall in after‑hours trading.

Chief executive Jensen Huang said the build‑out of AI infrastructure is accelerating at “extraordinary speed”, calling it the largest expansion in human history. Data‑centre sales nearly doubled year‑on‑year to $75.2 bn, driving net income to $58.3 bn and a 75% gross margin. Yet Nvidia’s cash‑outlay for investing rose to $26.4 bn, up sharply from $5.2 bn a year earlier.

The payout surge responds to mounting pressure on Huang to recycle the company’s swelling cash hoard, even as rivals AMD and Intel vie for AI‑chip market share. Nvidia excluded any China‑derived AI‑chip revenue from its outlook, despite recent diplomatic overtures that could ease export restrictions on its H200 chips. The moves underline the firm’s intent to lock in shareholder value amid fierce competition today.