India, Aug. 28 -- Nvidia just delivered another blockbuster quarter. Q2 revenue jumped 56 percent year-on-year to $46.7 billion, thanks to relentless demand for AI hardware. Profit surged too, net income hit $26.4 billion, a 59 percent leap.
Most of that came from data centers, which raked in $41.1 billion, up 56 percent. Blackwell, Nvidia's AI workhorse, drove the surge, $27 billion of those sales were Blackwell-powered.
Still, the China story remains messy. Nvidia didn't ship a single H20 chip to Chinese customers last quarter, even though exports were technically cleared, because the arrangement with U.S. regulators hasn't been codified. The company did sell $650 million worth of H20 chips to non-China buyers.
On the plus side, Nvid...
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