Nvidia reports $96.2 billion in quarterly revenue, Nasdaq up 1.5%
The US group doubled year-on-year revenue and nearly tripled net profit; the stock gained 8% at the open. In Europe the rally was tempered by expectations over the Federal Reserve's next moves.
Nvidia’s quarterly results are of a magnitude that makes comparison with any other earnings report in the sector difficult: $96.2 billion in revenue, up 106% year-on-year. The data center segment alone is worth $89 billion, up 117%. Net profit under US accounting principles came to $59.688 billion, compared with $26.422 billion in the same quarter of the previous year, an increase of 126%.
| Item | 2026 Quarter | Previous Year |
|---|---|---|
| Revenue | $96.2 bn | +106% year-on-year |
| Data centers | $89 bn | +117% |
| Net profit | $59.688 bn | $26.422 bn |
The data come from the company’s press release, cited by FIRSTonline and Investing.com Italia, which also notes the quarterly dividend of $0.25 per share, payable on October 1, 2026 to shareholders of record as of September 10.
The effect on the sector
The stock rose 8% at the opening of trading on August 27, pulling the entire semiconductor sector along with it: Marvell gained 3.9%, Micron 4.3%, Intel 2%, Seagate 4.9% and Sandisk 4.4%. The Nasdaq Composite closed the session up 1.5%.
This is the usual mechanism for earnings reports from a dominant supplier: one company’s results are read as an indicator of demand across the entire chain, and the reaction spreads even to companies that did not report anything that quarter. The correlation between a producer’s results and the share prices of its direct competitors, it should be noted, measures expectations about the end market, not their own balance sheets.
The European brake
On the continent the movement was more contained, for reasons unrelated to semiconductors. After US inflation data came in above expectations, traders are now pricing in a 25-basis-point rate hike during 2026, and the bet on a Federal Reserve move as early as September has strengthened. The euro-dollar exchange rate held around 1.165; Brent crude stood around $89 per barrel and US WTI crude around $82, according to figures reported by Milano Finanza.
Among the day’s macroeconomic data was also the US foreign trade balance: according to preliminary figures, the trade deficit rose to $118.8 billion in July 2026, up from $101.4 billion in June.
On the broader picture, UBS Global Wealth Management Chief Investment Officer Mark Haefele said that “our conviction on growth in the artificial intelligence sector remains firm.” This is the position of a financial intermediary, reported as such: this publication does not offer its own assessments on stocks or markets.
What we don’t know
The available material does not include the company’s guidance for the next quarter, which in sector earnings reports often carries more weight than the results just announced. The geographic breakdown of revenue is not known, nor is the share attributable to individual major customers, a decisive factor in assessing demand concentration.
On the macroeconomic front, the direction attributed to the Federal Reserve remains an interpretation by market participants, not a decision: the next test will be the US central bank’s meeting calendar, with September already priced in.
Sources: FIRSTonline; Milano Finanza; Investing.com Italia. Corporate data from the Nvidia press release.
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