Nvidia Revenue Soars 106% as Data Center Sales Jump
Nvidia's (NVDA) second-quarter revenue soared 106% year-over-year to $96.2 billion, driven by a 117% jump in data center sales to $89 billion.
The company's profits also surged, with earnings per share increasing 120% YOY to $2.22.
Nvidia expects its revenue to rise another 70% during its upcoming fiscal year, exceeding analysts' average estimate of 44% growth.
The firm's newest chips, Vera Rubin systems, provide up to 30 times more performance per megawatt than their predecessors and reduce inference token costs by 97%.
Nvidia's Blueprint initiative is also gaining traction, with top developers such as Uber and Teradyne using it to accelerate robotics, vision AI agents, and autonomous vehicle development.