Nvidia Shatters Records with Q2 Revenue of $46.7B, Surpassing Expectations
Nvidia has outperformed expectations with its fiscal 2026 second quarter earnings. The company reported a staggering revenue of $46.7 billion, marking a 56% increase year-over-year and a 6% rise from the previous quarter. The AI chipmaker also posted adjusted earnings per share of $1.05, beating analyst estimates of $1.01.
CEO Jensen Huang praised the company’s Blackwell platform, describing it as a game-changer. “Blackwell is the AI platform the world has been waiting for,” he said. The company projects its revenue growth to stay above 50% this quarter, with a guidance of $54 billion for the upcoming quarter.
Nvidia’s gaming division also experienced robust growth, with sales reaching $4.3 billion, a 49% increase year-over-year.
However, despite the impressive results, shares dipped in extended trading as data center revenue fell slightly short of estimates for the second consecutive quarter. In the first half of fiscal 2026, the company returned $24.3 billion to shareholders through share repurchases and dividends.
Source: CNBC