- Nvidia posted Q2 revenue of $96.2 billion, up 106% year over year, returning to triple-digit growth and easing investor concerns about an AI demand slowdown.
- Supply, rather than demand, is becoming the main constraint: memory, advanced packaging and power are tight across Nvidia's AI hardware supply chain.
- Enterprise, AI cloud and sovereign-government demand grew 138%, signaling broader adoption beyond hyperscalers and supporting Nvidia's projected 70% FY2028 revenue growth.
- Nvidia paused some revenue-sharing financing deals with AI cloud companies after employees raised concerns about antitrust scrutiny and the company's control over customer capacity distribution.