Nvidia revenue surges 106% as China share falls to 8%

Aug 31, 2026 03:44 (21d ago)

Nvidia reported fiscal second-quarter revenue of $96.22 billion, up 106% year over year, while Trump reportedly called Jensen Huang during an employee meeting.
Data Center revenue reached $89 billion, up 117%, while China, including Hong Kong, contributed $7.88 billion, or about 8% of total revenue.
Nvidia’s business is shifting toward U.S. hyperscalers as export controls and Huawei competition reduce China sales and increase customer concentration.

Nvidia reported fiscal second-quarter revenue of $96.22 billion, or $96.2 billion rounded, up 106% year over year, as Data Center revenue reached $89 billion, up 117%. China, including Hong Kong, contributed $7.88 billion, about 8% of total revenue, while three U.S. customers accounted for 54% of sales. The results showed U.S. hyperscaler demand more than offsetting Nvidia’s sharply reduced Chinese business, which has been constrained by U.S. export controls and competition from Huawei. During an all-hands meeting in Santa Clara, California, CEO Jensen Huang reportedly briefly left the stage to answer a call from President Donald Trump; Trump later praised Nvidia’s results on Truth Social. The newer account identifies the results as fiscal Q2 2027 and gives fiscal Q3 2027 guidance of $108 billion excluding Data Center compute sales in China, while an earlier report cited guidance of $105.84 billion to $110.16 billion.