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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New Zealand announced on Thursday that it would broaden sanctions against Russia’s oil sector and its so-called shadow fleet, during a meeting with ...
Reliable sources told AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, a proposed international mission to secure the territory once the fighting stops and humanitarian access expands.
The U.S. will halve its fentanyl-related tariff on Chinese goods to 10% following a summit between President Trump and President Xi Jinping in South Korea.
A U.S. strike on a suspected drug-smuggling vessel in the eastern Pacific killed four men, marking the latest escalation in President Donald Trump’s expanding campaign against narcotics networks across the Americas, according to international media.
U.S. President Donald Trump on Thursday ordered the U.S. military to immediately resume testing nuclear weapons for the first time in 33 years, minutes before meeting Chinese President Xi Jinping in South Korea.Trump made the surprise announcement on Truth Social while aboard his Marine One helicopt
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a message.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
The deadliest police operation in Brazil's history killed at least 132 people, officials said on Wednesday, after Rio de Janeiro residents lined a street with dozens of corpses collected overnight, a week ahead of global climate events in the city.
Centrist liberal party D66, led by 38-year-old Rob Jetten, has made sweeping gains in the Dutch election, emerging neck and neck with Geert Wilders’ far-right Freedom Party (PVV) in early results - a stunning reversal just two years after D66 ranked sixth.With 90% of votes counted early on Thursday
NASA’s experimental X-59 quiet supersonic jet successfully took off from U.S. Air Force Plant 42 in Palmdale, California, early on Tuesday (October 28), marking a major milestone in the future of high-speed air travel.
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a message.
A 13-year-old boy in central Florida has been arrested after typing a violent question into ChatGPT during class, prompting an emergency police response when school monitoring software flagged the message in real time.
Nokia chief executive Justin Hotard said artificial intelligence is fuelling a structural growth cycle similar to the internet expansion of the 1990s, but rejected fears that investor enthusiasm has reached unsustainable levels.
NASA has announced that it will reopen bidding for its flagship U.S. moon landing contract, citing mounting delays in Elon Musk’s SpaceX Starship lunar lander project.
China has accused the United States of stealing sensitive data and infiltrating its National Time Service Centre, warning that such breaches could have disrupted communications, financial systems, power supplies, and the international standard time network.
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