Home / Business and Economy / NVIDIA AI Revenue Skyrockets to $96.2 Billion
NVIDIA AI Revenue Skyrockets to $96.2 Billion
26 Aug
Summary
- NVIDIA reported $96.2 billion in revenue, a 106% increase year-over-year.
- Data Center revenue reached $89.0 billion, marking a 117% year-over-year surge.
- The company expects third-quarter fiscal 2027 revenue to be $108.0 billion.
NVIDIA reported a phenomenal second quarter for fiscal 2027, with revenue soaring to $96.2 billion, a 106% increase compared to the prior year. The Data Center division was particularly strong, achieving $89.0 billion in revenue, up 117% year-over-year, underscoring the immense demand for AI infrastructure.
CEO Jensen Huang highlighted that AI has reached a critical inflection point, with compute now translating directly into revenue. The company returned approximately $26.0 billion to shareholders in the second quarter. NVIDIA is forecasting revenue of $108.0 billion, plus or minus 2%, for the third quarter of fiscal 2027.
Significant advancements were announced, including the Vera Rubin platform entering full production and the introduction of NVIDIA Vera, a CPU designed for AI agents. NVIDIA also unveiled partnerships to mobilize over $500 billion for AI infrastructure development.
Further innovations include the NVIDIA DSX platform for building AI factories at scale and expansions into the Korean and Japanese AI markets. The company also noted strong performance in Edge Computing, with revenue at $7.2 billion for the quarter.
