Jensen HuangMatt BritzmanOpenAISpaceXHargreaves LansdownAnthropicNvidia Corporation

Nvidia sales soar on rapid buildout of AI data centres; analyst calls results 'another monster set' with next-quarter guidance above $110bn

Nvidia reported a staggering $96 billion in revenue for the second quarter, more than double from last year, and anticipates $108 billion next quarter. Analysts hailed the results as 'another monster set,' highlighting the company's pivotal role in the AI data center boom.

BBC BBC26 August 2026 · 22:03 UTC
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Nvidia's financial performance has surged, with a reported revenue of $96 billion for the second quarter, more than double from the previous year.

CEO Jensen Huang emphasized that "AI has reached its inflection point," as the company accelerates its infrastructure buildout.

The data center division alone generated $89 billion, marking a 117% increase year-over-year, showcasing the industry's reliance on Nvidia's hardware.

Matt Britzman, a senior equity analyst, described the results as "another monster set," with guidance for the next quarter indicating revenue above $110 billion.

Nvidia's processors are now central to the AI boom, powering data centers that train and run AI models.23

The company has become a key partner for firms like OpenAI and SpaceX, supporting their costly AI infrastructure buildout.4

Despite emerging competition from customers designing their own processors and cheaper suppliers in China, Nvidia's latest numbers suggest these challenges are currently limited.

The demand for Nvidia's computing power has propelled it to become the world's most valuable firm, with a market capitalization exceeding $5 trillion.

Key Insight
“Nvidia's market capitalisation has surpassed $5tn, making it the world's most valuable firm, as its processors power data centres for AI training. The company has also backed OpenAI, Anthropic, and SpaceX to support the costly AI infrastructure buildout, while facing emerging competition from customers' own chips and cheaper Chinese suppliers.”
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BBCBBC
“The company said on Wednesday it brought in $96bn (£71bn) in revenue during the second quarter, more than double from a year ago. And it expects revenue of $108bn next quarter.”
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