$96.2 billion in fiscal Q2 revenue and $2.22 adjusted EPS topped expectations, with Nvidia also guiding fiscal Q3 revenue to about $108 billion.
Data center sales rose 117% to $89 billion as AI infrastructure spending stayed intense, led by $48.7 billion from hyperscalers and $40.3 billion from AI cloud, industrial and enterprise customers.
That enterprise-heavy ACIE business is expected to keep driving near-term growth, while hyperscaler demand is seen reaccelerating in fiscal Q4 and into fiscal 2028.
Nvidia projected fiscal 2028 revenue growth of 70%—its first forecast more than a year out—and said growth would be even higher without supply constraints.
$24.1 billion in operating cash flow and $99.3 billion in cash and marketable securities underscore how broadening AI demand is giving Nvidia unusual long-range visibility.