NVIDIA reports US$96.2 billion quarterly revenue as AI infrastructure demand accelerates

NVIDIA reported fiscal Q2 2027 revenue of US$96.2 billion, up 106% year on year, with data-centre revenue of US$89.0 billion, up 117%. It guided to US$108 billion, plus or minus 2%, for the next quarter and said Vera Rubin systems are ramping into production. The outlook excludes China data-centre compute revenue.

Impact: Demand remains strong, but capacity, memory, power, networking and concentration risk are now board-level constraints. Buyers should model total system cost rather than GPU price alone.

NVIDIA results | a media report market context