Companies/NVIDIA/product line
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Data Center compute (Blackwell, Hopper)

Main revenue driver. Q2 FY2027 Data Center revenue was $89.0 billion, up 117% year over year. Vera Rubin is ramping; Q3 FY2027 total revenue is guided to $108.0 billion, plus or minus 2%.

NVDA market data

The numbers

Data Center revenue$89.0 billionQ2 FY2027 (quarter ended Jul 26, 2026) · +117% YoY, +18% QoQ · source ↗
Data Center compute revenue$60.4 billionQ1 FY2027 (quarter ended Apr 26, 2026) · +77% YoY, +18% QoQ · source ↗
China Data Center compute revenue (Hopper H20)$0; Q3 FY2027 outlook assumes noneQ2 FY2027 outlook · vs $4.6 billion in Q1 FY2026 · source ↗
Data Center revenue$62.3 billionQ4 FY2026 (quarter ended Jan 25, 2026) · +75% YoY, +22% QoQ · source ↗

What it is

NVIDIA's data center GPU and system business, the core of its revenue. Blackwell is the current generation and Hopper is the previous one. It is sold as GPUs, HGX boards and rack-scale systems to hyperscalers, AI clouds and enterprises.

Why it matters to the stock. Compute & Networking was 89.6% of FY2026 revenue. Guidance and the stock are driven by how fast customers take new racks, and by the China license status.

News

NVIDIA says its Blackwell GPUs power OpenAI's GPT-6 Astra Ultrafast mode

NVIDIA's October 1 post says its GPUs accelerate OpenAI's GPT-6 Astra Ultrafast, a faster-response mode of the Astra model offered through the OpenAI API and to eligible ChatGPT Work and Codex users.

Deal

NVIDIA Q2 FY2027 revenue $96.2 billion, up 106%; guides Q3 to $108 billion

NVIDIA reported second-quarter fiscal 2027 revenue of $96.2 billion, up 106% year over year, with Data Center at $89.0 billion, up 117%.

Earnings

Jensen Huang says NVIDIA sees at least $1 trillion in revenue from 2025 through 2027

At the GTC keynote on March 16, 2026 Jensen Huang said NVIDIA now sees at least $1 trillion of revenue from 2025 through 2027.

Guidance

AWS to deploy more than 1 million NVIDIA GPUs starting in 2026

AWS said during GTC that it will deploy more than 1 million NVIDIA GPUs across its cloud regions, starting in 2026, including Blackwell and Rubin architectures.

Deal