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Industry

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.

Games & Commerce

Mgame Q2 operating profit falls 9.4 percent to 2.44 billion won

Mgame reported second-quarter consolidated revenue of 21.26 billion won and operating profit of 2.44 billion won, it said in a filing on Thursday. Revenue rose 6.4 percent from a year earlier, while operating profit fell 9.4 percent and net profit dropped 56.7 percent to 717 million won. First-half revenue totalled 45.5 billion won. The company cited tax and financial asset valuation factors for the net profit decline.

Telecommunications & Media

SKT Q2 operating profit jumps 67% on AI infrastructure growth

SK Telecom said its second-quarter operating profit rose sharply on base effects from last year\'s SIM replacement costs and growth in its AI infrastructure business. AI data centre revenue rose more than 90% from a year earlier. It plans to secure AI data centre customers early and increase investment via newly established wholly owned unit SK Hyper. The company also announced quarterly dividends of 830 won per share.