Nvidia's Q2 Revenue Soars to $96B, Driven by Data Center Sales
Nvidia's fiscal Q2 revenue hit $96.2 billion, with Data Center sales accounting for approximately 92.5% of total revenue at $89 billion.
The company's other activities supplied roughly $7.2 billion, or 7.5% of the total revenue.
Nvidia exceeded analyst expectations, beating revenue consensus by about $3.95 billion and adjusted earnings forecast by $0.13 per share.
The company's operating expenses rose sharply, increasing 55%, but remained below the rate of revenue growth at 106%.