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Nvidia is having a moment—and by moment, I mean a record-breaking quarter where it pulled in $46.7 billion in revenue. That’s a 56% jump from this time last year. What’s fueling the surge? One word: AI.
Let’s dive into the details.
The AI Boom Isn’t Slowing Down
At this point, calling Nvidia a leader in AI chips feels like an understatement. In the last quarter alone, the company earned $41.1 billion from its data center division. If we do some quick math, that means nearly 88% of Nvidia’s revenue came from businesses hungry for high-powered GPUs to train and run large AI models.
But the star of the show? Nvidia’s latest chips, called Blackwell. These powerhouses brought in $27 billion in sales.
CEO Jensen Huang summed it up like this: “Blackwell is the AI platform the world has been waiting for.” He’s betting big too, telling analysts he expects $3 to $4 trillion to be spent on AI infrastructure over the next five years.
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OpenAI, Tokens, and a Whole Lot of Processing Power
In case you missed it, OpenAI launched its open-source GPT-OSS models earlier this month. To make that happen, they used Nvidia’s tech to process an eye-popping 1.5 million tokens per second… all on a single Blackwell GB200 NVL72 rack-scale system. Yeah, that’s a mouthful, but basically: it’s fast. Really fast.
And it shows how deeply integrated Nvidia is in the current AI gold rush.
China Sales? Still a Mess
While Nvidia is crushing it globally, China is a different story. The company reported zero sales of its H20 chip to Chinese customers last quarter.
There’s a weird backstory here. The U.S. (specifically, under the Trump administration) now allows chip sales to China—but only with a 15% export tax paid to the U.S. Treasury. The twist? That tax hasn’t officially become law yet, creating a lot of confusion.
Because of that uncertainty, Nvidia’s CFO Colette Kress said they’ve held off on shipping anything. Even more, China’s government isn’t exactly onboard either. State media recently called Nvidia’s H20 chips “not safe” for local businesses. As a result, Nvidia has reportedly stopped producing them for China entirely.
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Looking Ahead: Even Bigger Numbers?
Despite the China hiccup, Nvidia’s not slowing down. In fact, the company expects to bring in $54 billion next quarter, give or take 2%. And that estimate doesn’t even include any potential revenue from H20 chips sold in China.
So if you’re wondering whether the AI boom is still booming—the answer, at least according to Nvidia’s financials, is a loud yes.
For anyone keeping an eye on the future of AI and data infrastructure, all roads right now seem to lead through Nvidia. And if those sales numbers are any sign, Blackwell chips might just be what’s powering the next wave of AI breakthroughs.
Keywords: Nvidia, AI technology, AI boom, Blackwell chips, data infrastructure
