Nvidia has once again exceeded market expectations with its second-quarter earnings for fiscal year 2025, reporting an impressive $30 billion in revenue—a 122% increase from the same period last year. This quarter’s revenue also represents a 15% rise from the previous quarter’s $26 billion, which had already surpassed predictions, and an extraordinary 262% year-over-year growth.
According to CEO Jensen Huang, the ongoing demand for Nvidia’s Hopper architecture remains robust, and the anticipation surrounding the upcoming Blackwell platform is at an all-time high. Huang emphasized that the company’s record revenue underscores the rapid pace at which global data centers are upgrading their computing capabilities with advanced AI and accelerated computing technologies. Analysts had anticipated Nvidia’s revenue for the second quarter to reach $28.7 billion, which would have more than doubled the $13.5 billion reported in the same quarter last year.
Nvidia’s data center division also achieved remarkable success, reporting $26.27 billion in revenue for the quarter—up 16% from the previous quarter and a 154% increase year-over-year. This growth was largely driven by strong demand for Nvidia’s Hopper GPUs, which are essential for training and running some of the most advanced large language models (LLMs). During the quarter, Nvidia began shipping samples of its Blackwell AI platform, with full-scale production expected to commence in the fourth quarter, extending into fiscal year 2026. The company made adjustments to the GPU mask for Blackwell to improve production efficiency, though no functional changes were required. Nvidia anticipates generating “several billion dollars” from Blackwell shipments in the fourth quarter, alongside continued strong demand for Hopper chips, which are expected to drive increased deliveries in the latter half of the fiscal year.
Earlier in the year, Huang had indicated that Blackwell would start shipping in the second quarter, with production ramping up in the third quarter and customer deliveries expected in the fourth. However, Nvidia’s shares experienced a dip earlier this month following reports of potential delays in Blackwell’s rollout due to design issues, possibly pushing back deliveries by at least three months. Looking ahead, Nvidia has set its third-quarter revenue target at $32.5 billion, with a margin of plus or minus 2%. Despite a 2% drop in Nvidia shares at Wednesday’s market close, the stock has risen 160.76% year-to-date, although it experienced a nearly 7% decline in after-hours trading.
Reference : Britney Nguyen