Nvidia(US:NVDA) 量子位·2025-08-28 04:13Core Viewpoint - Nvidia's latest financial report shows revenue and earnings per share exceeding market expectations, indicating strong performance in the data center and gaming sectors, despite some concerns about future growth sustainability and market reactions [1][2][7]. Group 1: Financial Performance - Nvidia reported second-quarter revenue of $46.7 billion, surpassing market expectations by 1.3% [1]. - Adjusted earnings per share were $1.05, higher than the anticipated $1.01 [2]. - The data center business generated $41.1 billion, reflecting a 56% year-over-year growth, although the computing segment saw a 1% quarter-over-quarter decline [3]. Group 2: Data Center Business - The Blackwell platform's data center revenue grew by 17% quarter-over-quarter, marking its entry into a scaling phase [4]. - Nvidia's data center revenue now accounts for 88% of total revenue, up from less than 60% two years ago [14]. - The company is focusing on building AI infrastructure in Europe, including the first industrial AI cloud platform [24]. Group 3: Gaming and Other Segments - The gaming segment generated $4.3 billion in revenue, with a notable 49% year-over-year growth [25]. - The GeForce RTX 5060 has become the fastest-growing x60 series gaming GPU in Nvidia's history [26]. - Professional visualization revenue reached $601 million, up 32% year-over-year, while automotive revenue was $586 million, reflecting a 69% year-over-year increase [29][30]. Group 4: Strategic Initiatives - Nvidia announced an increase in its stock buyback authorization to $60 billion, having returned $24.3 billion to shareholders through buybacks and dividends in the first half of fiscal 2026 [32]. - The company is evolving from a GPU supplier to a comprehensive AI platform encompassing chips, networks, systems, software, and cloud services [34].