Nvidia Reports Record Earnings and Expands into Space-Based AI Computing

Nvidia delivered another record-breaking quarter, with revenue surging to $96.2 billion—more than double a year ago—and the data center segment contributing $89 billion in sales, up 117% YoY. The company has now beaten Wall Street expectations for 15 consecutive quarters and guided toward even stronger performance ahead, forecasting third-quarter revenue of $108 billion. Notably, this growth occurred without any contribution from China. Beyond the earnings report, Nvidia is positioning itself at the forefront of a new frontier: space-based AI computing. The company has invested in Starcloud, a startup developing orbital data centers powered by solar energy and free cooling. This move complements its existing partnership with SpaceX for Starmind satellites, which also rely on Nvidia chips. By backing both major players in this emerging market, Nvidia is securing long-term dominance before the space-based AI industry fully materializes. Nvidia's strategic expansion into orbital computing underscores a broader pattern of leadership across all domains where AI infrastructure is evolving—from terrestrial data centers to outer space.

By Jabran Kundi Thu, August 27, 2026 at 5:12 PM GMT+3 7 min read · Yahoo Finance ·

Nvidia Reports Record Earnings and Expands into Space-Based AI Computing

Tickers: $INTC $NVDA $SPCX

Topics: AI growth buybacks data center revenue dividends earnings

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