Nvidia just crushed it with $30 billion in quarterly revenue, up a mind-boggling 122% from last year. The AI chip giant’s data center business alone raked in $26.3 billion, thanks to insatiable demand for their Hopper and Blackwell GPUs. Wall Street’s jaw hit the floor, but Nvidia isn’t stopping there – they’re throwing $50 billion at share buybacks. With their new Blackwell chips already oversold, this AI party shows zero signs of slowing down.
Three decades ago, Nvidia was just another chip company. Today, it’s an unstoppable force that just dropped a mind-bending quarter that would make most CEOs faint. We’re talking $30 billion in revenue – yeah, you read that right. That’s a whopping 122% jump from last year, and it’s not just impressive, it’s borderline ridiculous.
The star of this show? Nvidia’s data center business, raking in $26.3 billion. Cloud giants are practically throwing money at Nvidia’s AI chips like they’re going out of style. The company’s Hopper GPUs are selling faster than hot cakes, and their new Blackwell chips? Already oversold. Management expects revenue of $43 billion in Q1 fiscal 2026. Talk about a nice problem to have.
Data centers can’t get enough of Nvidia’s AI chips, with demand for both Hopper and Blackwell GPUs outstripping supply.
The numbers are just absurd. Net income? $16.6 billion. Gross margins? A juicy 75.1%. Operating income shot up 174% year-over-year to $18.6 billion. These aren’t just good numbers – they’re the kind of results that make other tech companies wonder what they’re doing wrong. Like sector-specific ETFs, investors can gain focused exposure to the semiconductor industry’s growth through diversified investment vehicles.
But here’s where it gets interesting. Despite crushing analyst expectations by $1.3 billion in revenue, some Wall Street types are getting antsy. The company’s announcement of a $50 billion share buyback raised a few eyebrows. Some see it as a red flag – like finding a Ferrari dealer offering discounts. The company has already returned $15.4 billion to shareholders through dividends and buybacks in the first half of fiscal 2025.
The truth is, Nvidia’s still playing in a league of its own. While competitors scramble to catch up, Nvidia’s already planning its next move with its Blackwell architecture. The AI boom isn’t showing signs of slowing down, and data centers worldwide are still upgrading their infrastructure like it’s going out of fashion.
Sure, margins compressed a bit from last quarter, but they’re still astronomically high compared to peers. When you’re making chips that everyone needs for AI, you get to call the shots. The real question isn’t whether Nvidia can keep growing – it’s whether anyone can catch up.
