Nvidia Crushes Earnings Expectations with Record-Breaking Q2 Results

Nvidia's fiscal Q2 earnings report has left no doubt that it remains the king of AI, with revenue surging to $96.2 billion and a forecast more than a year out.

The chipmaker's adjusted earnings per share skyrocketed 120% to $2.22 from $1.01, easily topping analyst expectations for adjusted EPS of $2.09 on sales of $92.3 billion.

Data center segment revenue led the way, up 117% year over year to $89 billion, with hyperscaler revenue soaring 102% to $48.7 billion driven by large AI infrastructure buildouts.

Nvidia highlighted its ecosystem and new products as a big differentiator, with networking business shining and CPU revenue expected to double in fiscal 2028.