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US Business · nvidianews.nvidia.com · Thursday, 27 August 2026

Nvidia's revenue doubles to $96B and it predicts another 70% jump next year

Nvidia booked a record $96.2B in the quarter ended July, up 106% year over year, with GAAP earnings per share at $2.46 and data center carrying roughly 90% of sales. The real signal was the steer forward: Q3 guidance of $108B, plus CFO commentary pointing to about 70% growth in fiscal 2028. Jensen Huang framed it as an "inflection point" where AI compute has become revenue, as multiple frontier labs and startups scale at once.

Read the source: nvidianews.nvidia.com ↗In the 27 August issue →