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.
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White House Press Secretary Karoline Leavitt said on Wednesday that $5 billion pledged by member states of the Gaza Peace Council will be directed tow...
U.S. President Donald Trump on Wednesday sought to highlight his outreach to Black Americans during a White House reception marking Black History Mont...
Hungary and Slovakia announced a suspension of diesel exports to Ukraine on Wednesday....
Two Palestinians were killed on the first day of Ramadan after Israeli forces opened fire in the Gaza Strip, according to local sources and hospital o...
Israel is preparing for the possibility of receiving a green light from the United States to launch strikes against Iran’s ballistic missile system, according to Israel’s public broadcaster KAN.
U.S. President Donald Trump on Wednesday sought to highlight his outreach to Black Americans during a White House reception marking Black History Month, held months before November’s midterm elections.
Two Palestinians were killed on the first day of Ramadan after Israeli forces opened fire in the Gaza Strip, according to local sources and hospital officials.
Aghdam’s Qarabag experienced a 6–1 defeat to England’s Newcastle United in the first leg of their UEFA Champions League play-off tie.
Ruben Vardanyan has been sentenced to 20 years in prison by the Baku Military Court after being found guilty of a series of offences including war crimes, terrorism and crimes against humanity.
The drumbeats have finally faded at the Marquês de Sapucaí, bringing the competitive phase of the Rio Carnival 2026 to a dazzling close. Over two marathon nights of spectacle, the twelve elite schools of the "Special Group" transformed the Sambadrome into a riot of colour.
Peru’s Congress has voted to censure and remove José Enrique Jeri Ore from his posts as President of Congress and acting President of the Republic, just four months into his tenure, citing undisclosed meetings with Chinese businessmen and alleged hiring irregularities.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 17th of February, covering the latest developments you need to know.
France celebrated Olympic gold in the men’s biathlon relay in Anterselva on Tuesday (17 February), following a thrilling race marked by an electric atmosphere at the stadium.
ByteDance will take steps to prevent the unauthorised use of intellectual property on its artificial intelligence (AI) video generator Seedance 2.0, the Chinese technology firm said on Monday.
The formation of a black hole can be quite a violent event, with a massive dying star blowing up and some of its remnants collapsing to form an exceptionally dense object with gravity so strong not even light can escape.
BMW is recalling a mid six figure number of vehicles worldwide after identifying a potential fire risk linked to the starter motor.
British chipmaker Fractile will invest £100 million over the next three years to expand its artificial intelligence hardware operations in the UK, opening a new engineering facility in Bristol as it ramps up production of next-generation AI systems.
The European Union has launched its largest semiconductor pilot line under the European Chips Act, investing €700 million ($832 million) in the new NanoIC facility at IMEC in Leuven, Belgium, as part of efforts to strengthen Europe’s technological sovereignty.
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