NVIDIA posts $96.2B quarter; Vera Rubin in full production and deploying at major clouds
NVIDIA's Q2 FY2027 results (2026-08-26) showed revenue of $96.2B (+106% YoY) and data-center revenue of $89.0B, with the Vera Rubin platform in full production and deploying at CoreWeave, Google Cloud, Microsoft Azure, OCI and Nebius; NVIDIA guided the next quarter to $108B.
Key facts
- Q2 FY2027 revenue: $96.2B, +106% YoY, +18% QoQ
- Data Center revenue: $89.0B, +117% YoY
- Q3 FY2027 outlook: $108.0B +/-2%; gross margin ~74.0%
- Vera Rubin in full production; deploying at CoreWeave, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure and Nebius
- Vera CPU ('first AI agent CPU') rolling out; Spectrum-6 switches arriving at AI factories; Vera BlueField-4 STX announced
- Cosmos 3 launched as an open frontier omnimodel for physical AI
- Jensen Huang: 'AI has reached its inflection point... compute is revenue.'
What happened
NVIDIA reported its fiscal Q2 2027 (quarter ending July 2026): revenue $96.2B, more than double a year earlier, and data-center revenue $89.0B. The company said the Vera Rubin platform is in full production and being deployed by major clouds and neoclouds, alongside the Vera CPU, Spectrum-6 networking and BlueField-4 STX storage.
Why it matters
Vera Rubin shipping in volume in H2 2026 is the compute step-change that 2027 frontier models will be trained and served on; NVIDIA's near-$100B quarter is the clearest financial measure of the AI buildout's scale.
Changelog
- 2026-09-29: created
Related events
- NVIDIA GTC 2026: Vera Rubin platform, Groq 3 LPX, Feynman preview and $1T demand outlook ★★★★
- NVIDIA releases Cosmos 3, an open omni-model for physical AI (world generation, reasoning and actions) ★★★
- AMD launches Helios racks with MI455X; Anthropic to deploy up to 2 GW, OpenAI online Q4 ★★★★
- NVIDIA adds $150B to its share buyback, the largest authorization increase on record ★★★
Sources (2)
- officialNVIDIA Q2 FY2027 press release (SEC 8-K)
- pressTechPowerUp - Vera Rubin NVL144 servers set for 2026 volume production
id: 2026-08-26-nvidia-q2-fy2027-vera-rubin-production · updated 2026-09-29 · open in the interactive timeline