Nvidia reported quarterly revenue of $96.2 billion in fiscal Q2 2027, with year-over-year growth of 106%. China, once accounting for between 13% and 20% of Nvidia’s data center revenue, contributed less than 1% of sales. Total China revenue across all products reached approximately $7.88 billion, compared to $89 billion for data centers alone. Nvidia guidance for Q3 stands at $108 billion, projecting roughly 70% revenue growth for full fiscal 2028. China’s AI chip market is estimated at $50 billion annually but remains inaccessible due to US export controls and Beijing’s own purchasing restrictions.
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