Nvidia expects to cross $100 billion in quarterly revenue for the first time, forecasting $108 billion in the coming months. The chipmaker reported $96.2 billion in total revenue for the past quarter, a record that marks a $10 billion increase from the previous period.
Data center sales, fueled by AI demand, surged to $89 billion—more than doubling year-over-year. Profits also doubled to $59.7 billion, underscoring the company’s dominance in the AI chip market. Consumer gaming revenue, however, grew more modestly at $7.2 billion, constrained by weak PC sales and high component costs.
Nvidia warned of further price increases for its AI chips, despite already high demand. The company also noted ongoing supply constraints that continue to drive up costs for its consumer GPUs.
