"The company is coming off another record quarter with $46.7 billion in Q2 revenue, driven by surging demand for Blackwell, strong sequential growth in networking, and broad adoption across CSPs, enterprises and sovereign AI programs. Jensen Huang and Colette Kress emphasized that the global AI build-out is still in its early innings, with industry CapEx now running at an astonishing $600 billion per year. As the AI race intensifies, NVIDIA remains the core infrastructure provider to hyperscalers, AI-native startups and industrial users."
"Analysts expect another strong quarter, with both EPS and revenue projecting substantial double-digit growth. But the bigger story is NVIDIA's positioning heading into 2026, as Blackwell continues to scale and the company prepares for Rubin's volume launch next year. With AI factories expanding from tens of megawatts toward hundreds of megawatts, NVIDIA's platform-level strategy across compute, networking and software keeps it central to global AI deployment."
NVIDIA reported $46.7 billion in Q2 revenue driven by surging Blackwell demand, sequential networking growth, and adoption across CSPs, enterprises, and sovereign AI programs. Management said industry CapEx runs near $600 billion per year as global AI build-out remains early. Analysts expect Q3 revenue up about 57% year-over-year and EPS up about 55%, with full-year estimates rising after repeated guidance increases. Blackwell reached record levels in Q2 and GB300 production now runs at roughly 1,000 racks per week. Networking revenue hit a record $7.3 billion. Rubin is scheduled for a volume launch next year as AI factories scale from tens to hundreds of megawatts.
Read at 24/7 Wall St.
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