Nvidia revenue surges 106% to $96.2bn as AI demand shows no sign of slowing

BusinessDay | 28-08-2026 03:17pm |

Nvidia reported a 106% year-on-year increase in revenue, reaching $96.2 billion, driven by sustained demand for artificial intelligence infrastructure. The company's financial results reflect continued heavy spending on AI technologies across various sectors. This growth underscores the ongoing expansion of the AI market and Nvidia's central role in supplying the necessary hardware.

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