Overview

• Fiscal 2026 Q2 revenue reached $46.7 billion, rising 56% year over year, with a GAAP gross margin of 72.4%.
• Management guides fiscal Q3 revenue to about $54 billion, plus or minus 2%.
• Nvidia controls roughly 92% of the data‑center GPU market, reinforcing its position as the primary AI infrastructure supplier.
• Networking posted a record $7.3 billion for the quarter and now exceeds a $10 billion annualized run rate, driven by Spectrum‑X Ethernet, InfiniBand, and NVLink.
• Blackwell systems (GB200 NVL and GB300) are scaling with cloud and internet companies, as management projects $3 trillion to $4 trillion in AI infrastructure investment by 2030 and nearly $600 billion in 2025.