Nvidia smashes Q2 forecasts with $96.2bn in revenue as AI hits 'inflection point'

BREAKING: $NVDA smashes Q2 forecasts with $96.2bn in revenue as data centre sales surge 117% to $89bn, guiding next quarter to $108bn, both above Wall Street expectations.

Ninety six point two billion dollars. In one quarter. That's Nvidia's Q2, and Wall Street's estimates just got flattened again.

The engine is the data centre business, up 117 percent to 89 billion. That's not a division anymore, that's basically the entire AI economy running through one company's chips. Jensen Huang, the man in the leather jacket, is calling this an inflection point for AI, and honestly, the numbers make it hard to argue with him.

Then came the part that really moved people. Guidance. Nvidia says next quarter lands around 108 billion, and Wall Street wasn't expecting that either. Every earnings season the same question comes up, surely this is the quarter the AI spend slows down. And every quarter Nvidia answers with a bigger number.

Here's the fact worth sitting with. One chipmaker is now guiding to more revenue in three months than most companies earn in a decade.

This is Sara White, reporting for HIT.