Overview
- NVIDIA reported on Wednesday that May–July revenue hit $96.221 billion and net income rose to $59.688 billion, both quarterly records.
- Sales tied to data centers, which include the company’s AI GPUs and accelerators, totaled about $89.0 billion and now account for more than 90% of overall revenue.
- The data‑center business grew roughly 117% year‑over‑year, reflecting strong orders from cloud providers and enterprises running large AI models.
- NVIDIA issued guidance for the Aug–Oct quarter of about $108 billion, and CEO Jensen Huang said demand is accelerating worldwide.
- The results underline NVIDIA’s central role in AI infrastructure and create dependence on continued cloud and AI investment, which could amplify both growth and near‑term risk for customers and suppliers.