Nvidia hits record $81.6 billion revenue as AI boom shows no sign of slowing

Nvidia posted record quarterly revenue of $81.62 billion and net income of $58.32 billion, driven by a $75.2 billion data center business.

The company projected about $91 billion in next-quarter revenue, signaling continued strength in AI infrastructure demand.

Shares edged lower after hours as investors weighed China exposure and rising competition from customers building custom AI chips.

The results underscore Nvidia’s central role in the AI boom while highlighting emerging risks to its long-term dominance.