Nvidia promises further growth after blockbuster quarter

Nvidia just reported a quarter that would make most Fortune 500 companies jealous of a single month. The GPU giant posted $96.2 billion in revenue for its fiscal second quarter of 2027, more than doubling the $46.7 billion it brought in during the same period a year ago. That’s a 106% year-over-year jump, and somehow, the company is telling investors the best is still ahead. GAAP net income landed at $59.7 billion, up 126% from the prior year. The data center engine keeps revving The overwhelming majority of Nvidia’s revenue came from where you’d expect: data centers. That segment generated $89.0 billion, a 117% increase year over year. It now accounts for roughly 93% of total company revenue. Nvidia disclosed that its partnership with Amazon Web Services has expanded to encompass an additional 2 million GPUs, a figure that illustrates the sheer scale of compute being deployed for AI workloads. CEO Jensen Huang described the current moment as an “inflection point” for artificial intelligence. That phrase gets thrown around loosely in tech, but when it’s backed by triple-digit revenue growth and a customer commitment backlog exceeding $279 billion, the term carries a bit more weight...