Nvidia Hits New Revenue Records as AI Demand Intensifies
By Cyprus Business Group News
Record-Breaking Revenue Growth
Nvidia, now recognized as the world’s most valuable company, has once again posted record results in its latest quarterly earnings report. The chipmaker generated $46.7 billion in revenue, reflecting a 56% jump compared to the same period last year.
The surge was largely driven by Nvidia’s AI-centered data center business, which alone contributed $41.1 billion in revenue during the quarter — also a 56% year-over-year increase.
Profits Skyrocket
The company’s profitability has also soared alongside revenue. Nvidia reported $26.4 billion in net income for the second quarter, representing a 59% increase over the previous year.
Much of this growth has been tied to sales of its latest Blackwell GPUs, which accounted for $27 billion of its data center revenue.
Blackwell Chips at the Heart of AI Expansion
CEO Jensen Huang described Blackwell as a defining force for the AI sector.
“Blackwell is the AI platform the world has been waiting for,” Huang said. “The AI race is on, and Blackwell is the platform at its center.”
Looking ahead, Huang projected that $3 to $4 trillion in AI infrastructure investment will occur before the decade closes. “$3 to 4 trillion is fairly sensible for the next five years,” he told analysts.
Role in OpenAI’s Next-Generation Models
Nvidia also emphasized its role in supporting OpenAI’s recently released open-source gpt-oss models earlier this month. The company highlighted that its Blackwell GB200 NVL72 rack-scale system enabled processing speeds of 1.5 million tokens per second.
This milestone demonstrates how Nvidia’s hardware remains essential to training and deploying large-scale AI systems.
Challenges in the Chinese Market
Despite strong global demand, Nvidia continues to face obstacles in China. The company disclosed that it had no sales of its H20 chip in China during the past quarter, although $650 million worth of H20 chips were purchased by a non-Chinese customer.
The lack of Chinese sales stems from both U.S. export restrictions and policy uncertainty under the Trump administration. A new arrangement requires companies like Nvidia to pay a 15% export tax to the U.S. Treasury when selling advanced GPUs to China. Legal experts have described this mechanism as a potential constitutional overreach.
Nvidia CFO Colette Kress noted that while “a select number of our China-based customers have received licenses over the past few weeks, we have not shipped any H20 devices based on those licenses.”
Meanwhile, Beijing has reportedly discouraged local businesses from adopting Nvidia chips. In response, the company is said to have suspended production of the H20 chip earlier this month.
Looking Ahead
For the upcoming quarter, Nvidia has forecasted $54 billion in revenue, with possible fluctuations of ±2%. Notably, this projection excludes any potential sales of H20 chips to China, suggesting that geopolitical and regulatory barriers will remain key factors shaping the company’s growth trajectory.
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