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.
Ford is recalling more than 355,000 pickup trucks across the U.S. after a dashboard instrument display failure was found that may prevent drivers from...
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 mark...
All NATO members are expected to meet the longstanding target of spending 2% of GDP on defence this year, but only three currently reach a new, higher...
Egypt, the United Arab Emirates (UAE), and Bahrain have signed an agreement with China to jointly develop a $220 million solar energy project....
Mexico’s postal service, Correos de México, has temporarily halted package deliveries to the United States as the exemption on low-value tariffs, k...
Ford is recalling more than 355,000 pickup trucks across the U.S. after a dashboard instrument display failure was found that may prevent drivers from seeing critical information such as vehicle speed and warning lights.
All NATO members are expected to meet the longstanding target of spending 2% of GDP on defence this year, but only three currently reach a new, higher target set by alliance leaders in June, according to NATO data released Thursday.
Egypt, the United Arab Emirates (UAE), and Bahrain have signed an agreement with China to jointly develop a $220 million solar energy project.
Mexico’s postal service, Correos de México, has temporarily halted package deliveries to the United States as the exemption on low-value tariffs, known as the “de minimis” exemption, is set to end on Friday.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Ford is recalling more than 355,000 pickup trucks across the U.S. after a dashboard instrument display failure was found that may prevent drivers from seeing critical information such as vehicle speed and warning lights.
The artificial intelligence (AI) boom that has fuelled markets in recent years faces a key test on Wednesday, when industry bellwether Nvidia Corp reports its second-quarter earnings.
Lawyers for billionaire Elon Musk have asked a U.S. judge to prevent ChatGPT-owner OpenAI, from obtaining documents from Meta Platforms related to his previous $97.4 billion bid for OpenAI’s assets, according to a court filing.
Space X will attempt to launch its super heavy booster rocket, Starship tonight after it was postponed on Monday night due to weather conditions at its starbase in Texas, United States.
DNA studies reveal humans nearly vanished 900,000 years ago, with populations dropping to just a few thousand. Ancient climate chaos pushed early humans to the brink, shaping the survival story hidden in our genes today.
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