Business & Finance

Nvidia second-quarter revenue doubles to $96 billion on strong demand for AI hardware

The chipmaker surpassed Wall Street expectations and projected $108 billion in revenue for the upcoming quarter.

Updated Aug 26, 2026 · 22:20 UTC1 reports

The short version

Nvidia reported $96 billion in second-quarter revenue, more than double its figure from a year earlier, driven by $89 billion in data center sales.
The company forecasted third-quarter revenue of $108 billion, signaling sustained demand from major tech firms building AI infrastructure.
Following the financial release, Nvidia's stock rose roughly 4% in extended trading, maintaining its position as the world's most valuable company with a market cap exceeding $5 trillion.

Nvidia reported $96 billion in second-quarter revenue, a more than 100% increase compared to the same period last year.[BBC News]
The company's data center division generated $89 billion during the quarter, representing a 117% year-over-year increase.[BBC News]
Nvidia projected revenue of $108 billion for the next fiscal quarter.[BBC News]
Nvidia's market capitalization has surpassed $5 trillion.[BBC News]
Nvidia shares rose approximately 4% in after-hours trading following the earnings report.[BBC News]

The extent to which emerging competition from custom in-house chip development and lower-cost Chinese alternatives could impact Nvidia's future market share.[BBC News]