Business & Economy · 43 views
Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers
Good morning. Nvidia just handed AI bubble skeptics their toughest rebuttal yet.
AI Summary
Nvidia reported fiscal second‑quarter results, posting $96.2 billion in revenue—a 106 % year‑over‑year increase—and non‑GAAP earnings of $2.22 per share. Data‑center revenue rose 117 % to $89.0 billion. The company’s CFO noted that roughly half of the data‑center sales now come from customers other than the traditional hyperscaler segment. This shift highlights a broader customer base driving Nvidia’s rapid growth.
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