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Nvidia reports record $96.2 billion quarterly revenue

The Verge1 min read159 words
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Nvidia announced a record‑breaking revenue of $96.2 billion for the most recent quarter, positioning the chipmaker to surpass $108 billion in total revenue within the next few months, according to its latest earnings report. The surge represents an increase of more than $10 billion from the prior quarter and places Nvidia alongside other tech giants such as Amazon, Apple and Alphabet that have previously exceeded the $100 billion quarterly threshold.

The company's growth was driven primarily by its data‑center segment, which more than doubled year‑over‑year to reach $89 billion, while overall profits rose to $59.7 billion, also more than double the previous period. Nvidia highlighted expanding demand for its “edge computing” products, which encompass consumer gaming and other emerging workloads, as a key factor in sustaining the momentum. If the forecast holds, Nvidia will join an exclusive group of firms generating over $100 billion in quarterly revenue, underscoring the accelerating importance of AI‑related hardware in the broader technology market.

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