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Nvidia Guides To $108 Billion In Quarterly Revenue

recodeai Staff · Aug 28, 2026 · Chips & Infra · 2 min read
The story

Nvidia says it expects $108 billion in revenue within a few months, a figure that would put it in the same rarefied quarterly-revenue club as Amazon, Apple, and Alphabet.

Nvidia's latest guidance puts the chipmaker on track for $108 billion in a single quarter, underscoring how deeply AI infrastructure spending is flowing through the global economy. On the same earnings call, CEO Jensen Huang claimed Nvidia had 'achieved AGI,' a comment he then downplayed as not particularly consequential.

The revenue trajectory reflects continued hyperscaler capex on GPUs even as questions mount about return on that spending. Nvidia remains the single clearest beneficiary of the current AI buildout cycle.

Why it matters

Every operator building on AI infrastructure is effectively paying a Nvidia tax; this guidance signals GPU scarcity and pricing power will persist, and that hyperscaler capex commitments show no sign of slowing despite ROI scrutiny.

Sources: The Verge · The Verge

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