Nvidia Falls on AI Warning Despite $96.2 Billion Quarter

Nvidia Corp. (NASDAQ: NVDA) fell about 2% in morning trading on 14 September as investors weighed calls from artificial intelligence executives for a more measured approach to developing advanced systems, a warning that pulled the wider semiconductor complex lower.

The move ran against the company's most recent reported figures. Nvidia posted revenue of $96.2 billion for the second quarter of fiscal 2027, which ended 26 July, up 18% from the previous quarter and up 106% from a year earlier. GAAP and non-GAAP gross margins were both 75.0%, with GAAP earnings of $2.46 per diluted share and non-GAAP earnings of $2.22.

The data centre segment accounted for $89.0 billion of that total, up 18% sequentially and up 117% year over year.

Guidance for the third quarter stands at $108.0 billion, plus or minus 2%, with gross margins expected at 74.0%. Nvidia has said the outlook assumes no data centre compute revenue from China.

Founder and Chief Executive Officer Jensen Huang told investors that demand is accelerating, describing multiple frontier laboratories scaling in parallel alongside a growing open model ecosystem, rather than the single customer buildout that drove the prior year.

The company said its Vera Rubin platform is ramping into full production. Nvidia will pay a quarterly cash dividend of $0.25 per share on 1 October to shareholders of record as of 10 September.

Tech Seller USA supplies NVIDIA data centre GPUs and RTX workstation cards, alongside Mellanox ConnectX adapters and InfiniBand and Ethernet switches, now part of NVIDIA's networking range.