Nvidia earns $59.688 billion in the second quarter of its fiscal year, up 126%.

Nvidia, the leading American artificial intelligence chip manufacturer, reported a net profit of 59.688 billion dollars for the second quarter of its 2027 fiscal year, covering the period from May to July. This figure represents a 126% increase in earnings compared to the same period in the previous fiscal year.

The financial results, disclosed on Wednesday, highlight the company's significant growth in the semiconductor sector. Alongside the rise in net profit, the company also reported a doubling of its sales during this fiscal quarter.