NVIDIA Surges to $96B Q2 Revenue as AI Demand Accelerates

NVIDIA posted $96.2B in Q2 FY27 revenue (up 106% year over year, 18% quarter over quarter) with data center revenue at $89.0B and gross margins of 75%. GAAP and non-GAAP EPS were $2.46 and $2.22, respectively. The company returned about $26B to shareholders via buybacks and dividends and guided Q3 revenue to roughly $108B (±2%), with gross margins around 74% and excluding any China data-center revenue in the outlook. The press release also highlights rapid AI infrastructure growth and related platform developments such as Vera Rubin and other innovations.