Prediction: Nvidia's Data Center Business Alone Clears $100 Billion in a Quarter This Fiscal Year
One business is closing in on a quarterly revenue figure that would top most companies' annual sales -- and it's closer than the headline growth rates suggest.
Overview
Nvidia's (NASDAQ:NVDA) data center business booked $89.0 billion in revenue during the second quarter of fiscal 2027 (the period ended July 26). That was 117% higher than a year earlier, and up 18% from the prior quarter. In 13 weeks, that one business brought in more than the entire company did in any quarter before this fiscal year.
Here's my prediction: before fiscal 2027 closes in late January, the data center business clears $100 billion in a single quarter.
Details
That is not a bold call about demand. It's mostly math on numbers Nvidia has already published. And the outcome is closer than the growth rates suggest.
Source
Originally published at www.fool.com.