Breaking News
Aug 27, 2026
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Nvidia said second-quarter revenue more than doubled to $96.2 billion, and the company guided revenue in the current quarter to surpass $108 billion.
The company at the heart of the AI boom and the bellwether for the AI spending frenzy is benefitting from the data center investments by a few large players, including Alphabet, Amazon, Microsoft, and Meta.
Nvidia's current quarter revenue outlook signaled that the company sees no near-term slowdown in AI spending.
The Data Center segment revenue reached $89.0 billion, which is an increase of 117% compared to a year ago.
Net income jumped 126% to $59.7 billion from $26.4 billion, and diluted earnings per share rose to $2.46 from $1.08 a year ago.
Nvidia's portfolio of stakes in AI companies boosted net profit by $7.8 billion.
Adjusted earnings per share rose $2.22, sharply higher than the consensus estimate of $2.09.
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