Nvidia jumps 6% in premarket trading after blockbuster earnings boost AI confidence
Nvidia shares rose on Thursday after the chip giant's revenue guidance reassured investors that AI demand will remain strong.
Nvidia remains focused on its data center business rather than gaming, according to its latest earnings call. In fact, the company has not mentioned gaming at all in recent earnings calls - not even once in the past year. Nvidia's total revenue in the second quarter of 2026 was $96 billion, a significant increase from the previous year.
However, the data center segment alone brought in $89 billion, accounting for nearly 93% of the company's total revenue. Nvidia CFO Colette Kress explained that the surge in AI demand is driving a global infrastructure buildout, supported by various growth opportunities across hyperscalers, AI labs, AI natives, enterprises, and sovereign customers.
While Nvidia is still selling its high-end RTX 50-series GPUs, it is clear that gaming is no longer a priority for the company. The last time gaming was mentioned in an earnings call was last year, and even then, gaming revenue was dwarfed by AI and data center revenues.
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