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Nvidia Q2 net profit $59.7 billion, up 126 percent year on year

Nvidia posted fiscal 2027 second-quarter revenue of $96.2 billion and net profit of $59.7 billion, beating market expectations. Revenue rose 106 percent and net profit gained 126 percent from a year earlier, while gross margin increased to 75 percent. Data center revenue climbed to $89.0 billion, above a Bloomberg-compiled estimate. Nvidia forecast next-quarter revenue of $108.0 billion, plus or minus 2 percent, and said the outlook excludes China data center computing revenue.

AI & Enterprise

Nvidia weighs investment in Mercury at $20 billion valuation

Nvidia is moving to invest in Mercury, a supplier of training data for its AI models, in a deal that could value Mercury at $20 billion. Mercury sells training data used to build AI models, and General Catalyst is reported to be discussing leading the funding round. The company’s revenue has surged, with annual revenue topping $2 billion in June 2026 and first-half revenue at $614 million. The talks come as scrutiny of recycling finance resurfaces and market indicators have shifted.

AI & Enterprise

Nvidia backs GPU collateral in bid to draw up to $500 billion for AI data centres

Nvidia has introduced a financing structure aimed at drawing up to $500 billion for building AI data centres, while directly guaranteeing part of the value of its GPUs used as collateral. Under the plan, if pledged GPUs are liquidated after a default and their value falls short of expectations, Nvidia would cover up to 25 percent of the gap. The company says most funding and risk sit with external lenders.