UPDATE - US chipmaker Nvidia posts record quarterly revenue of $30B, up 122% from year ago

Company also sees record data center revenue of $26.3B, up 154% year-on-year

ADDS MORE INFO

By Ovunc Kutlu

ISTANBUL (AA) - US-based chipmaker Nvidia posted record quarterly revenues amid booming demand for artificial intelligence (AI), according to its financial results statement released Wednesday.

The California-based company posted record revenue of $30 billion for the second quarter of the 2025 fiscal year ended July 28, up 122% from $13.5 billion in the same period last year.

The company said it also saw record quarterly data center revenue of $26.3 billion, which soared 154% from the same period of 2023.

"NVIDIA achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with accelerated computing and generative AI," founder and CEO Jensen Huang said in the statement.

"Across the entire stack and ecosystem, we are helping frontier model makers to consumer internet services, and now enterprises. Generative AI will revolutionize every industry," he added.

Net income, meanwhile, soared a massive 168% to almost $16.6 billion in the second quarter from approximately $6.2 billion in the same period last year.

Nvidia said its gaming revenue was $2.9 billion in the second quarter, up 16% from a year ago.

The company in early June released Digital Human Microservices, which pave the way for the future of generative AI avatars.

NVIDIA ACE digital human generative AI technologies include automatic speech recognition, text-to-speech conversion and translation, language understanding and contextual response generation, realistic facial animation based on audio tracks, and real-time path-traced realistic skin and hair.

The chipmaker said it expects $32.5 billion in revenue for the third quarter of the 2025 fiscal year.

Despite the positive results, Nvidia shares were down 3.4% on the Nasdaq in after-hours trading.

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