Nvidia promises further growth after blockbuster quarter

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Nvidia posted $96.2 billion in revenue in fiscal Q2 2027, a 106% year-over-year increase, with GAAP net income of $59.7 billion, up 126%. The data center segment generated $89 billion, accounting for 93% of total company revenue. Nvidia guided for approximately $108 billion in revenue next quarter and roughly 70% revenue growth for fiscal 2028, both well above Wall Street expectations of around 45%. Supply constraints in memory components continue to limit Nvidia’s ability to fulfill orders, with a customer commitment backlog of $279 billion.

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