…Nvidia Just Printed Another Record-Breaking Quarter – and AI Is the Fuel Behind the Fire
…Bottom line? Nvidia isn’t just riding the AI wave — it is the wave.
Nvidia, now officially the heavyweight champ of tech valuations, just dropped its latest earnings — and let’s just say, the numbers are so massive they make your calculator sweat. The company pulled in a jaw-dropping $46.7 billion in revenue last quarter, which is a 56% jump from last year. And surprise, surprise — AI is carrying the squad.
The data center business alone raked in $41.1 billion, thanks to every AI company on the planet fighting for Nvidia’s GPUs like they’re golden tickets. Even more wild? The new Blackwell chips did $27 billion of that all by themselves. Yep, one generation of chips is basically running the world’s AI dreams right now.
CEO Jensen Huang, never one to shy away from bold statements, called Blackwell “the AI platform the world has been waiting for.” And he’s not wrong — everyone from scrappy AI startups to OpenAI itself is leaning on Nvidia hardware. In fact, OpenAI’s new gpt-oss models were powered by a single Blackwell system crunching 1.5 million tokens per second. That’s not just speed — that’s warp drive.
Nvidia’s profits also soared, with net income up 59% to $26.4 billion. Translation: AI demand isn’t just hype — it’s paying out like a slot machine in Vegas. Huang even predicted $3–4 trillion in AI infrastructure spending by the end of the decade. Trillion, with a “T.”
But of course, there’s drama. China. Nvidia’s custom H20 chip — designed specifically to dodge U.S. export rules — hasn’t moved a single unit in China. Instead, $650M worth went elsewhere, while U.S. policy whiplash and China’s own pushback are putting Nvidia in a tough spot.
Still, Nvidia isn’t slowing down. The company says Q3 revenue should hit $54 billion, give or take 2%. And that’s without counting on China.
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