Nvidia reported $46.7 billion in revenue, a 56% year-over-year increase, and net income of $26.4 billion, a 59% rise from last year. Data center revenue reached $41.1 billion, reflecting strong AI demand for advanced GPUs. Blackwell-generation chips accounted for $27 billion of data center sales. Nvidia highlighted processing 1.5 million tokens per second on a single Blackwell GB200 NVL72 rack-scale system during the launch of OpenAI's gpt-oss models. The company reported no sales of its China-focused H20 chip to Chinese customers in the quarter, while $650 million of H20 chips were sold to a customer outside China. New U.S. export terms include a 15% export tax affecting China sales.
Nvidia, the world's most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net income grow substantially since last year. The company reported a net income of $26.4 billion in the second quarter, a 59% spike since the same period last year.
All told, the company brought in $41.1 billion in revenue from data center sales in the quarter, suggesting that AI companies' demand for cutting-edge GPUs continues to grow. The company's most advanced generation of chips, Blackwell, accounted for $27 billion of those sales. "Blackwell is the AI platform the world has been waiting for," said CEO Jensen Huang in a statement accompanying the release. "The AI race is on, and Blackwell is the platform at its center."
Collection
[
|
...
]