Nvidia's AI infrastructure boom drives record revenue and hefty guidance
TL;DR Summary
Nvidia reported $96 billion in revenue for the quarter, more than doubling from a year earlier, led by its data-centre division at $89 billion (up 117%). It forecast about $108 billion in revenue for the next quarter as the AI infrastructure buildout accelerates, and after-hours shares rose roughly 4.7%.
- Nvidia sales soar on rapid buildout of AI data centres BBC
- NVIDIA Announces Financial Results for Second Quarter Fiscal 2027 NVIDIA Newsroom
- Key Takeaways From Nvidia’s Earnings WSJ
- Nvidia’s earnings to test resurgent AI trade Yahoo Finance
- Nvidia doubles its sales, but investors have their eye on the future CNN
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