Nvidia revenue doubles to nearly $100bn as CEO hails AI 'golden age'

Nvidia reported quarterly revenue of $96.2bn, more than double year-ago figures, beating Wall Street expectations. CEO Jensen Huang declared the AI industry has reached a "golden age" with accelerating demand. The $5tn chipmaker exceeded analyst forecasts of $92bn, posting 106% year-over-year growth. Datacenter revenue hit $89bn, up 117%, while earnings per share of $2.22 topped estimates of $2.09. The company projects $108bn in third-quarter revenue. Despite the strong results, shares dipped in extended trading as investors scrutinize AI spending. Nvidia is working with major financial firms on a $500bn capital pool and building an 8GW Ohio datacenter to address concerns about its financing arrangements.