{
  "id": 3706866,
  "title": "Nvidia revenue tops $96 billion as memory commitments soar to $160 billion — CEO Jensen Huang says AI 'has reached its inflection point'",
  "url": "https://urgent.news/2026/08/27/nvidia-revenue-tops-96-billion-as-memory-commitments-soar-to-160",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-27T09:13:54.000Z",
  "source": {
    "name": "Tom's Hardware",
    "slug": "tom-s-hardware",
    "url": "https://www.tomshardware.com/tech-industry/big-tech/nvidia-revenue-tops-usd96-billion-as-memory-commitments-soar-to-usd160-billion-ceo-jensen-huang-says-ai-has-reached-its-inflection-point"
  },
  "original_language": "en",
  "account": "In the second quarter of Nvidia's fiscal 2027, the company reported a record revenue of $96.2 billion, a 106% increase year-over-year. This surge in revenue was primarily driven by the rising demand for the company's AI hardware. However, this growth also necessitated significant investments from Nvidia, as the company committed to procuring up to $160 billion worth of memory for its future operations, including its supply pact with SK hynix.\n\nThe data center cooling and custom AI ASIC states of play were also highlighted, with Nvidia's AI hardware sales reaching $88.299 billion, an 18% increase sequentially and a 114% increase year-over-year. The company's graphics hardware sales amounted to $7.922 billion, up 12% sequentially and 46% year-over-year.\n\nJensen Huang, Nvidia's founder and CEO, has stated that AI has reached its inflection point, with AI doing useful work and its tokens being productive and profitable. Huang emphasized that compute is now revenue, and demand is accelerating. He also noted that the company has secured a substantial supply commitment, primarily related to the procurement of memory, to ensure shipment growth as demand is expected to exceed the supply chain's capacity.",
  "summary": "Nvidia's Q2 FY2027 revenue tops $96 billion as the company commits to buy up to $160 billion worth of memory, increasing its total commitments to $279 billion ahead of a major demand bump.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Nvidia CEO Jensen Huang says risk from growing AI investments remains 'low'",
        "url": "https://urgent.news/2026/08/27/nvidia-ceo-jensen-huang-says-risk-from-growing-ai-investments-remains",
        "published": "2026-08-27T05:52:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}