Nvidia’s Huang Says Productive AI Drives Record Revenue
The artificial-intelligence boom is shifting from model development to commercial deployment, raising pressure on companies to show returns on vast computing investments. Nvidia Chief Executive Jensen Huang said AI is already performing useful, profitable work in fields including quantitative trading, drug development and cybersecurity. His assertion that “compute is revenue” frames demand for accelerated computing as a direct measure of AI’s economic value rather than a bet on future capabilities.
Nvidia said on Aug. 26 that revenue for its fiscal 2027 second quarter, ended July 26, reached a record $96.2 billion, up 18% from the previous quarter and 106% from a year earlier. Data-center revenue climbed 117% to $89 billion. The chipmaker forecast third-quarter revenue of $108 billion, plus or minus 2%, with the outlook excluding any data-center compute revenue from China.
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The history behind this eventJensen Huang Touts Stunning AI Returns at Computex, Calls Doubters Ridiculous
The generative AI boom has spurred companies to expand their data centers, making NVIDIA a key supplier through its GPUs and AI platforms. Chief Executive Jensen Huang said the investments had already created trillions of dollars in value, showing that AI was moving from a technological experiment to delivering measurable business benefits. He said the technology could reshape the global economy and society.
Speaking at a closed-door forum in Taipei during Computex in May 2025, Huang said returns on AI investment had been completely transformed over the previous 6 months and that companies were generating substantial profits. He said questioning AI investment returns in the current market therefore “looks ridiculous,” and predicted that investment would continue to grow.
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