Nvidia revenue tops $96 billion as memory commitments soar to $160 billion — CEO Jensen Huang says AI ‘has reached its inflection point’

For the second quarter of Nvidia’s FY2027, which ended on July 26, 2026, the company’s GAAP revenue hit a record $96.221 billion, up 18% quarter-over-quarter (QoQ) and 106% compared to the same quarter a year ago. Nvidia…

SK hynix breaks ground on the first HBM plant in the US, bringing key AI component production to the States — says production starts in 2029

SK hynix’s HBM production site in West Lafayette, Indiana, will specialize in advanced packaging, testing, and R&D of HBM. The facility is set to cost the company around $4 billion, which highlights its advanced technolo…

Nvidia expects to sell $20 billion of Vera Rubin systems in Q3 as shipments begin — figure would account for 20% of its data center revenue mix, marks fastest r

“We see Vera Rubin accounting for about 20% of data center revenue in Q3,” said Colette Kress, chief financial officer at Nvidia, during the company’s earnings conference call with financial analysts and investors. “Havi…