Nvidia Q2 Earnings Show the AI Infrastructure Boom Is Still Accelerating
Nvidia delivered another substantial earnings beat in its fiscal second quarter, with revenue more than doubling year-on-year as demand for AI infrastructure continued to accelerate. Strong Data Center growth, the ramp-up of Vera Rubin and an unusually bullish outlook suggest the AI investment cycle still has considerable room to run, although supply constraints, rising memory costs and China remain important risks.
ET&A Research · 27 August 2026
Nvidia’s fiscal second-quarter results once again demonstrated the extraordinary scale of the artificial intelligence infrastructure buildout. For the quarter ended 26 July 2026, the company generated $96.2 billion of revenue, up 18% from the previous quarter and 106% from a year earlier. This comfortably exceeded Wall Street expectations of roughly $92.3 billion. Adjusted earnings per share reached $2.22, compared with expectations of approximately $2.09.
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