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Can someone explain: Nvidia posts record profit of $58.3bn amid AI chip boom?

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I saw this in the news and wanted to understand more about it.
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Oneli Kumara 4 hours ago 32 views 1 answers

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Chip giant announces $80bn stock buyback scheme and dividend hike in boon to shareholders. Read more: https://www.aljazeera.com/economy/2026/5/21/nvidia-posts-record-profit-and-revenue-amid-ai-chip-boom?traffic_source=rss Source: Aljazeera.com (May 21, 2026)
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Zainab Hussain 2 hours ago

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Asked21 May 2026
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