The US chipmaker reported revenue of $467.4 billion in the second quarter, contrary to fear that AI could be exaggerated.
Released on August 28, 2025
Chip Giant Nvidia has set new sales records. This is an indication that demand for artificial intelligence remains strong despite the potential for exaggeration of technology.
Nvidia, the world’s most valuable company, reported revenue of $467.4 billion over the three months that closed in July on Wednesday, up 56% year-on-year.
Quarterly profit was $26.422 billion, up 59% per year.
Nvidia’s latest revenue report was highly anticipated as the Tech giant is widely seen as a barometer of the AI boom, raising the US stock market from an all-time high to an all-time high.
Nvidia CEO Jensen Huang said production of Blackwell Ultra, the latest platform using Nvidia’s latest chips, is rising “at full speed,” and demand for its products is “extraordinary.”
“AI races have begun and Blackwell is the central platform,” Jensen said.
Going forward, the Santa Clara-based tech giant, California, has projected revenues of $54 billion, plus or minus 2% for the July-September quarter.
Despite strong results, Nvidia’s share price fell more than 3% in trading after business hours. This shows the expectations of the sky attached to chipmakers worth more than $4.4 trillion.
Nvidia’s sales did not include shipments to China in particular. China will be subject to US government export controls aimed at blunting Beijing’s ability to develop AI.
Earlier this month, US President Donald Trump’s administration lifted the ban on the sale of Nvidia’s H20 chips, specifically designed for the Chinese market, following a coordinated lobbying effort by Huang.
As part of an agreement with the Trump administration, Nvidia has agreed to pay the US government 15% of its revenue from China’s chip sales.
Eliminating the H20 ban raises the possibility that Nvidia has potentially huge, undeveloped sales potential in the world’s second largest economy, and Nvidia has the potential to be huge, undeveloped sales potential in the world’s second largest economy, but the outlook is complicated by recent instructions that encourage local businesses to do business with the company.
“Imagine what will happen to this stock if China’s business even returns to half the life,” said Cobessy’s letter, a newsletter following the capital market.
“Jensen Fan will definitely be working overtime in the Chinese situation. The AI revolution is in full swing.”
Nvidia’s revenues have risen at a fierce speed over the past two years, supported by explosive demand for AI.
The company achieved triple-digit revenue growth for the fifth consecutive quarter between mid-2023 and 2024.
Since its launch in 2023, Nvidia shares have grown more than 11 times, with stock prices increasing by more than 30% this year so far.
The company’s incredible performance, backed by billions of AI investments by the high-tech giants, including Microsoft, Meta and Amazon, discussed whether AI could fall into a bubble.
In an interview with The Verge earlier this month, Openai CEO Sam Altman, who overseen the release of the groundbreaking AI model ChatGPT, said he believes investors are “overly excited” about the technology.
