U.S. chipmaker Nvidia posted revenue of $46.7 billion for the second quarter of fiscal 2026, up 56% from the same period last year and surpassing market expectations, the company announced Wednesday.
The company’s net profit also jumped 59% to $26.4 billion, compared with $16.6 billion in the same quarter last year. Earnings per share rose from $0.67 to $1.08.
Revenue from Nvidia’s data centre segment climbed 56% year-on-year to $41.1 billion, slightly below analysts’ forecasts. The company noted that no H20 chips were sold to China-based customers during the quarter.
Looking ahead, Nvidia expects revenue of $54 billion for the current quarter.
In a separate move, the company’s board approved an additional $60 billion for its share buyback programme, effective indefinitely.
CEO Jensen Huang highlighted the company’s role in the artificial intelligence sector, stating that the Artificial Intelligence (AI) race has begun and Nvidia’s newest Blackwell AI chip is at the centre of this competition.
Ukrainian Foreign Minister Andrii Sybiha met on Tuesday with a delegation from the Organisation for Security and Co-operation in Europe (OSCE) Parliam...
Türkiye’s benchmark stock index, the BIST 100, closed Tuesday at 10,814.11 points, up 0.74% from the previous session....
Iran says one million undocumented Afghan refugees have returned to their country majority of them voluntarily in the last six and half months critici...
The European Parliament has passed new legislation making it easier to suspend visa-free travel for nationals of third countries found to violate huma...
Two years after the Gaza conflict began, President Donald Trump on Tuesday pledged United States backing for Gaza’s security guarantees and said he ...
Ukrainian Foreign Minister Andrii Sybiha met on Tuesday with a delegation from the Organisation for Security and Co-operation in Europe (OSCE) Parliamentary Assembly, marking the first visit to Ukraine by the group’s president, Pere Joan Pons.
Türkiye’s benchmark stock index, the BIST 100, closed Tuesday at 10,814.11 points, up 0.74% from the previous session.
The European Parliament has passed new legislation making it easier to suspend visa-free travel for nationals of third countries found to violate human rights or ignore international court rulings.
Two years after the Gaza conflict began, President Donald Trump on Tuesday pledged United States backing for Gaza’s security guarantees and said he believed an agreement to free the remaining hostages was nearing completion.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
The 2025 Nobel Prize in Physics has been awarded to John Clarke, Michel H. Devoret, and John M. Martinis for their groundbreaking discovery of macroscopic quantum mechanical tunnelling and energy quantisation in electric circuits.
United States chipmaker AMD will supply artificial intelligence chips to OpenAI in a multi-year agreement that could generate tens of billions of dollars in annual revenue and give the ChatGPT maker the option to acquire up to 10% of the company.
The Nobel Prize in Physiology or Medicine 2025 has been awarded jointly to Mary E. Brunkow, Fred Ramsdell, and Shimon Sakaguchi for their ground breaking discoveries on peripheral immune tolerance.
Swiss researchers are developing biocomputers made from living cells, aiming to merge biology and computing in an energy-efficient system once confined to science fiction.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
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