NVIDIA generated $46.7 billion in revenue in the second quarter of 2025, up 56% from the same period last year. The world's most valuable company owes these results to its server business, TechCrunch reports.
Data centers brought in the lion's share of the company's revenue — $41.1 billion. Of that, $27 billion came from chips based on the new Blackwell architecture. The company's net income was $26.4 billion, up 59% from last year.
"Blackwell is the AI platform the world has been waiting for," said CEO Jensen Huang. "The AI race is on, and Blackwell is the platform at its center."
Huang also noted that NVIDIA expects to spend $3-4 trillion on AI infrastructure by 2030. In a note to analysts, he said he believes that is "a pretty reasonable amount for the next five years."
NVIDIA is also highlighting its role in launching gpt-oss, OpenAI's open-source models that are expected to process 1.5 million tokens per second on a single Blackwell GB200 NVL72 system.
The report also highlights NVIDIA’s problems with chip sales in China. The company said it did not sell the H20 to Chinese customers, but instead received $650 million from buyers in other countries. Earlier this month, the chipmaker also introduced a new AI accelerator, the B30, and asked the US government for permission to sell it in China.
Recall that recently, Chinese competitor NVIDIA added $40 billion to its capitalization thanks to a 4,000% increase in revenue, as demand for local development increased sharply due to the risks of disconnection from American technologies.