NVIDIA SET TO CROSS $100B QUARTERLY REVENUE

Nvidia reported $96.2 billion in overall revenue for the past quarter, up more than $10 billion from the previous three-month period. The company's data center segment—the primary driver of growth—reached a record $89 billion, more than doubling year-over-year. The $108 billion projection would make Nvidia the newest entrant to an exclusive club of trillion-dollar companies posting nine-figure quarterly revenues. Apple, Amazon, and Alphabet have all repeatedly crossed this threshold. Chief Financial Officer Colette Kress signaled that the AI-fueled growth extends well beyond the near term. Nvidia projects approximately 70% revenue growth for fiscal 2028, suggesting the company expects sustained demand for its GPUs and processors as artificial intelligence infrastructure continues expanding. The projections ease market concerns about AI spending reaching a plateau. Enterprise investment in AI chips and data center infrastructure remains robust, with major cloud providers and tech companies continuing to build out their AI capabilities. Nvidia's dominance in GPU manufacturing has positioned it as the essential supplier for companies developing large language models and other AI applications. Competition from AMD and emerging chip designers has not significantly dented its market position. The company's trajectory reflects broader trends in the tech sector. Data center spending, cloud computing expansion, and the race to deploy AI systems have created unprecedented demand for specialized semiconductors. Nvidia's ability to supply these components at scale has transformed it from a graphics card maker into infrastructure backbone provider for the AI era. The $100 billion quarterly revenue milestone represents a symbolic and financial achievement. It underscores how thoroughly AI has integrated into enterprise computing and how dependent the industry has become on Nvidia's manufacturing and design capabilities.