NVIDIA POSTS RECORD $68B QUARTER AS AI CHIP DEMAND SURGES

NVIDIA POSTS RECORD $68B QUARTER AS AI CHIP DEMAND SURGES

Nvidia reported record quarterly revenue of $68 billion on Wednesday, up 73% year-over-year, as demand for AI computing infrastructure continues to accelerate, the chip giant said in earnings results.

Data center revenue—the company's primary growth driver—reached $62 billion in the quarter, with $51 billion from compute products (primarily GPUs) and $11 billion from networking equipment like NVLink. Full-year revenue totaled $215 billion.

CEO Jensen Huang told analysts that "demand for tokens in the world has gone completely exponential," noting that even six-year-old GPUs in cloud environments are now fully consumed and commanding higher prices. The company reported zero revenue from chip exports to China despite recent policy changes lifting some export restrictions.

For CFOs and finance leaders, the results underscore the sustained capital intensity of AI infrastructure buildout—a trend that will likely drive continued enterprise spending on compute resources and networking equipment. Watch for guidance on whether Nvidia expects this demand trajectory to sustain through 2026.