Nvidia Q2: $96.2B Revenue, 92.5% From Data Center, $105B OpenAI Guarantee
rohanpaul_ai · x · 2026-08-27
Nvidia's latest results, by the numbers:
- Total revenue $96.2B, up 106% YoY, 75% gross margin. Data Center contributed $89B — 92.5% of revenue — with 55% from hyperscalers.
- Q3 guidance: $108B, assuming zero China Data Center compute revenue.
- $99B in equity investments: $47.7B public holdings, $47.9B private (doubled from $22.3B in six months), plus $3.3B in infrastructure-financier stakes; another $25B committed and $20B in long-term data-center leases to reassign.
- Nvidia holds a conditional guarantee capped at $105B on OpenAI's Ohio data-center leases.
- Per The Information, 25% of next year's revenue will come from AI labs Nvidia financially supports — a circular financing dynamic drawing scrutiny.
More from Venture
- ChatGPT ads can target you by phone number, email, and your prompts — 404 Media · 2026-10-15
- Tweet Hunter creator Tibo opens founder community free — but only if you make $1k/month — tibo_maker · 2026-10-15
- Anthropic's quarterly revenue jumps ~50% to $16.8bn ahead of IPO — Simon Willison · 2026-10-15
- Solo dev shipped a product in 10 weeks: Claude designed, Codex wrote the backend — theteknosaur · 2026-10-15
- Jensen: Nvidia now captures over $40B per gigawatt of AI data center — rohanpaul_ai · 2026-10-15
- DreamTune Labs builds one prepaid balance for agent models, tools and GPU compute — legendpizzasenpai · 2026-10-15