Nvidia Reports Strong Quarter, Expects Continuous Growth

Nvidia reported strong business results for the second quarter of 2025. The company’s net profit for the period increased by 59% to $26.4 billion. Total revenue increased 56% to $46.7 billion, supported by a similar increase in the data centre segment to $41.1 billion and 49% growth in gaming sales to $4.3 billion.

The company expects revenue in the current quarter to grow by more than 50%, despite its outlook not including any sales of H20 chips and a limited overall upside in China. Q3 revenue is expected to reach $54 billion. The company noted that H2O revenue could hit $2 billion to $5 billion if certain geopolitical conditions are favorable. The chipmaker’s guidance comes despite not recording any H20 sales in China in Q2. It was able to shift shipments to customers outside of the mainland.

CEO Jensen Huang said in an earnings call that production of its next-generation Blackwell Ultra chip is ramping at full speed, and the demand is extraordinary. Data center revenue from China in Q2 declined on a sequential basis to a low single-digit percentage. CFO Colette Kress explained that while a few China-based customers received licences over the past few weeks, it has not shipped H20 chips based on the new permits.“We continue to advocate for the US government to approve Blackwell for China.”