Nvidia posts $81.6B quarter as Huang says AI demand has 'gone parabolic'
The chipmaker's profit tripled year over year, and it pointed to $1 trillion in confirmed AI chip demand through 2027.
Nvidia reported quarterly revenue of $81.62 billion for the February-to-April period, with profit climbing to $58.3 billion, more than triple the figure a year earlier. The company guided to roughly $91 billion in the current quarter, a signal that the AI infrastructure build-out is still accelerating rather than cooling.
Hyperscalers including Microsoft, Google, Meta and Amazon accounted for about half of data-center revenue, with the rest coming from AI cloud providers, enterprises and sovereign buyers. Nvidia said it now has roughly $1 trillion in confirmed chip demand booked through 2027.
Why it matters
Nvidia's results function as the clearest read on whether AI spending is real or a bubble in the making. A trillion-dollar order book pushes the question out by years and gives data-center developers, utilities and chip-supply partners the visibility they need to keep committing capital.
That demand flows directly into Texas. Nvidia GPUs are the core hardware inside the Stargate sites under construction in Abilene and other Texas counties, and the company's order book is what keeps that build-out funded.
Demand has gone parabolic.— Jensen Huang, CEO, Nvidia
Reported by Next in Austin. Based on reporting from Al Jazeera.
