Thursday, 28 August

Thursday, 28 August2025

Nvidia Posts Record $46.7B in Q2 Revenue as AI Demand Soars

Nvidia Posts Record $46.7B in Q2 Revenue as AI Demand Soars
Nvidia posted a blockbuster quarter, with revenue soaring to $46.7 billiona 56% year-over-year jumpand net income rising 59% to $26.4 billion, driven by $41.1 billion in AI data center sales, including $27 billion from its flagship Blackwell chips. CEO Jensen Huang projected $34 trillion in AI infrastructure spending over five years. Despite these gains, shares dropped around 23% after-hours, reflecting investor anxiety over a high-growth bubble.
Read full story at TechCrunch

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