NVIDIA reports $96.2 billion in quarterly revenue driven by AI demand

NVIDIA reported fiscal second-quarter revenue of $96.2 billion, marking a 106% increase from the previous year. The company’s Data Center division was the primary driver of this growth, generating $89 billion in revenue as demand for AI computing infrastructure continues to expand.

Operating income for the quarter rose 124% to $63.7 billion, with a gross margin of 75%. Looking ahead, NVIDIA projected third-quarter revenue of approximately $108 billion. To support future production, the company reported $279 billion in supply and capacity commitments, up from $119 billion in the prior quarter.

Other major semiconductor players also reported significant growth in AI-related segments. AMD’s Data Center revenue rose 107% year-over-year to $6.7 billion, while Broadcom’s AI semiconductor revenue increased 221% to $16.7 billion. Meanwhile, Amazon’s custom chip business reached an annual revenue run rate exceeding $25 billion.