Economy / Markets
Nvidia posts $96.2 billion Q2 FY27 revenue, up 106% year-on-year, guides $108B for next quarter
Nvidia reported second-quarter fiscal 2027 revenue of $96.2 billion on Wednesday, up 18% from the previous quarter and 106% from a year earlier, with Data Center revenue rising 117% to $89.0 billion and both GAAP and non-GAAP gross margins holding at 75.0%. CEO Jensen Huang said 'AI has reached its inflection point — compute is revenue' and the company guided Q3 revenue to $108 billion plus or minus 2%, explicitly excluding any China Data Center compute revenue, while returning $26 billion to shareholders and leaving $99 billion under repurchase authorization.