Nvidia doubles revenue, forecasts even more AI spending

AI juggernaut Nvidia on Wednesday reported quarterly revenue of $96.2 billion, more than double from a year earlier, as the world's most valuable company beat Wall Street expectations and forecast even stronger sales ahead. Shares leapt nearly five percent in after-hours trading on Wall Street. Nvidia is considered the

Chip giant Nvidia has reported another huge jump in sales as the global push to build artificial intelligence (AI) systems continues at a rapid pace.

Artificial intelligence juggernaut Nvidia blew past Wall Street's expectations for its latest quarterly earnings report, more than doubling its profits and revenue. Wall Street Journal tech reporter Robbie Whelan joins CBS News to discuss.

Nvidia’s quarterly revenue more than doubled and the chipmaker forecast third-quarter revenue above Wall Street estimates on Wednesday, signaling persistent demand for its AI chips. The company also said it expects revenue to grow by about 70% in fiscal 2028, and announced an expansion of its partnership with Amazon’s 

Revenues at Nvidia more than double to $96bn  The Times

Chipmaker's $96bn quarter beat forecasts as demand for AI hardware continues to accelerate.

Nvidia forecasts quarterly revenue above estimates, shares rise  Reuters

Nvidia reports $154 billion quarterly revenue as AI spending drives demand.

Nvidia doubles its revenue, but it still hasn’t impressed investors | CNN Business  CNN

The chipmaker's data centre revenue surged 117% to $89 billion as it guided next quarter revenue to $108 billion, both above Wall Street expectations, without counting sales to China.

Quarterly revenue also more than doubled, to $96.22 billion, the company said, topping expectations on Wall Street.

Nvidia Earnings: Q2 Revenue Beats Expectations  Forbes

Nvidia's second quarter fiscal 2027 earnings results were released after the market closed on Wednesday.

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