As the world's most valuable company, NVIDIA released its earnings report on Wednesday, showing continued revenue growth for the quarter with total revenue reaching $46.7 billion, representing a 56% increase compared to the same period last year. This growth was primarily driven by artificial intelligence (AI)-led data center business, which also posted a 56% year-over-year revenue increase.

NVIDIA's net profit also achieved substantial growth compared to last year. The earnings report showed that the company's second-quarter net profit was $26.4 billion, surging 59% from the same period last year.

Overall, NVIDIA's data center business revenue reached $41.1 billion this quarter, indicating that demand from AI companies for cutting-edge graphics processing units (GPUs) continues to grow. Among these, NVIDIA's most advanced next-generation chip "Blackwell" contributed $27 billion in revenue.

"Blackwell is the long-awaited AI platform globally," NVIDIA CEO Jensen Huang stated in a statement following the earnings release. "The AI race is in full swing, and Blackwell is the core platform for this competition."

NVIDIA specifically mentioned its role in the release of OpenAI's open-source model gpt-oss earlier this month, during which "a single NVIDIA Blackwell GB200 NVL72 rack system can process 1.5 million tokens per second."

The earnings report also revealed ongoing challenges NVIDIA faces in chip sales to the Chinese mainland market. The report showed that over the past quarter, H20 chips targeting the Chinese mainland market achieved no sales to mainland Chinese customers; however, NVIDIA sold $650 million worth of H20 chips to another customer.

The United States has long restricted the sale of advanced GPUs, but during the Trump administration period, NVIDIA is currently allowed to sell chips as long as it pays a 15% export tax to the U.S. Treasury Department.

NVIDIA indicated that it expects third-quarter revenue to reach $54 billion. The company noted that its third-quarter revenue guidance (which may fluctuate by up to 2%) does not include any H20 chip shipments to the Chinese mainland market.