Nvidia posts record $96.2 billion quarter as data centre demand surges
The chip giant’s profits more than doubled, with the company forecasting it will join a select group of firms exceeding $100 billion in quarterly revenue within months.
Nvidia has reported a record $96.2 billion in revenue for the second quarter of 2027, a jump of more than $10 billion from the previous period. The surge was driven primarily by its data centre business, which generated $89 billion, more than doubling year-over-year.
The company’s profits also more than doubled, reaching $59.7 billion for the quarter. According to its latest earnings report, Nvidia predicts it will pull in $108 billion in revenue within the next few months, a milestone that would see it join Amazon, Apple, and Alphabet as the only firms to repeatedly exceed $100 billion in quarterly sales.
While the data centre segment dominated the results, Nvidia’s “edge computing” category, which includes its consumer gaming business, accounted for $7.2 billion in revenue. This represents a 27 percent increase year-over-year, though the company acknowledged that consumer PC sales were slower than expected due to elevated memory and systems prices.
Component shortages continue to drive up prices for Nvidia’s consumer GPUs. The chipmaker also warned of upcoming price hikes for its AI chips, signalling that supply chain pressures remain a factor in its cost structure despite strong demand.
The performance underscores the continued dominance of artificial intelligence infrastructure in driving corporate earnings. As Nvidia moves closer to the hundred-billion-dollar-a-quarter threshold, investors will be watching closely to see if the company can sustain this pace of growth in the coming months.
The report highlights the significant shift in Nvidia’s revenue mix, with data centre sales now vastly outpacing its traditional consumer segments. This transition reflects the broader market’s reliance on high-performance computing for AI workloads.
