NVIDIA Posts $96.2B Quarter and $108B Guidance, Excluding China Data Center Compute

For crypto markets, Nvidia has become a proxy for something broader than chip sales. The latest fiscal Q2 2027 results sharpen the picture: AI compute demand is still expanding fast enough to absorb both record shipments and a hard exclusion of China data center compute revenue.

According to the original report, revenue landed at $96.2 billion, up 106% year over year and above the $92.2 billion consensus estimate. The narrower data center segment grew even faster. It generated $89.0 billion, a 117% increase that beat the $85.8 billion estimate.

Non-GAAP diluted EPS came in at $2.22 versus the $2.10 consensus, while non-GAAP gross margin held at 75.0%, exactly in line with expectations. NVIDIA also returned about $26.0 billion to shareholders through share repurchases and cash dividends during the quarter.

Guidance is where the story gets more complicated. NVIDIA set fiscal Q3 revenue at $108.0 billion, plus or minus 2%, above the $104.2 billion consensus estimate. The company said that outlook assumes no Data Center compute revenue from China.