Nvidia Reports Record Quarterly Revenue
US-based chipmaker Nvidia posted record quarterly revenues amid booming demand for artificial intelligence (AI), according to its financial results statement released.
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.
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 paves the way for the future of generative AI avatars.
The chipmaker said it expects $32.5 billion in revenue for the third quarter of the 2025 fiscal year.
Options pricing shows that traders anticipate a move of around 9.8% in the company’s shares a day after it reports earnings, data from analytics firm ORATS showed. That's larger than the expected move ahead of any Nvidia report over the last three years and well above the stock's average post-earnings move of 8.1% over that same period.
Given Nvidia's market capitalization of about $3.11 trillion, a 9.8% swing in the shares would translate to about $305 billion, likely the largest expected earnings move for any company in history, analysts said.
The results from Nvidia, whose chips are widely seen as the gold standard in artificial intelligence, also have big implications for the broader market. The stock is up some 150% year-to-date, accounting for around a quarter of the S&P 500’s 18% year-to-date gain.