- Nvidia reported fiscal Q2 revenue of $96.2 billion, up 106% year over year and 18% sequentially, exceeding its guidance and analyst consensus.
- Data Center revenue reached a record $89.0 billion, representing 92% of total revenue, with growth driven by Blackwell Ultra and demand from hyperscalers, AI Clouds, industrial and enterprise customers.
- Nvidia guided Q3 revenue to $108 billion, above Street expectations, but the stock reaction was mixed as investors treated the execution as a baseline and viewed the shares as priced for perfection.
Quotes
“extraordinary”
“priced for perfection”