Overview
- Nvidia reported about $96.2 billion in fiscal Q2 revenue with roughly $89 billion from its data‑center business and guided to about $108 billion for the next quarter, signaling management expects roughly 70% revenue growth next fiscal year.
- The company disclosed a roughly $279 billion customer commitment backlog and said memory and other component shortages are limiting how quickly it can fulfill orders, pressuring near‑term margins.
- Nvidia confirmed that Amazon Web Services will deploy an additional 2 million Nvidia GPUs, bringing AWS’s total commitment to about 3 million units and expanding the hyperscaler’s use of Nvidia’s full physical AI stack.
- Several news outlets reported that Nvidia has paused some of the revenue‑sharing and credit‑support deals launched in July after internal and partner concerns about antitrust exposure and how much control Nvidia could exercise over customers, and the company said the programme is evolving.
- Filings show large guarantees and potential exposures — including a roughly $108.5 billion maximum figure driven by about $105 billion tied to one OpenAI‑linked Ohio project — raising concentration and counterparty risks that could attract greater investor and regulatory scrutiny as other suppliers scale up and memory costs rise.