MoneyAugust 26, 2026via Financial Times Technology
Nvidia sales more than double to $96bn on bumper AI demand
Why it matters
Nvidia's earnings reveal the scale of AI infrastructure spending and the competitive urgency driving the compute buildout. This is the financial backbone of the AI race.
Key signals
- Nvidia total sales: $96B (more than doubled YoY)
- Data centre division growth: 117% YoY
- Published August 26, 2026 (recent earnings)
- Demand signal: clients racing for computing power to build and deploy AI systems
The hook
$96B. Nvidia's sales more than doubled on data-center chip demand — a single quarter bigger than most AI companies' entire valuation.
Chip giant’s data centre division grew 117% as clients race for computing power