NVIDIA is (really) profiting from the AI boom

NVIDIA’s second-quarter revenue surged 56% year-on-year to $46.7 billion, despite not shipping any H20 chips to China due to U.S. government restrictions, which could have added $8 billion in sales. The company is now developing a more advanced chip for China, while Blackwell-based chip sales increased 17% from the previous quarter, contributing significantly to its data center revenue.

Want More Context? 🔎