Nvidia Rides AI Boom to Record $46.7B in Q2 2026 Revenue

In the second quarter of 2026, Nvidia has once again proven its dominance in the AI market, reporting record-breaking financial results. The chipmaker announced $46.7 billion in revenue and $1.05 in non-GAAP earnings per share, surpassing Wall Street's consensus forecasts.

Nvidia's data center business, the beating heart of the AI boom, was the primary driver of this exceptional performance. This division booked $41.1 billion in sales, a 56% increase from the same period a year earlier and a 5% sequential rise. The company's new Blackwell chips, which CEO Jensen Huang described as "the AI platform the world has been waiting for," ramped up even faster than expected, with a 17% sequential increase.

While the data center business stole the spotlight, Nvidia's legacy gaming division also delivered a strong showing, contributing $4.3 billion in revenue, up nearly 50% from the previous year. Other divisions, such as Professional Visualization and Automotive, also experienced double-digit growth, reflecting Nvidia's diversification efforts.

Despite the overall blockbuster performance, the markets reacted with a slight dip in Nvidia's share price, as the data center revenue fell just shy of some analysts' expectations. However, with a market capitalization exceeding $4.4 trillion, Nvidia has become the single most important stock in the S&P 500, accounting for roughly 8% of the entire index. Even a slight miss can be viewed as a routine occurrence when expectations are this high.