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Nvidia data centre revenue more than doubled to $89B amid AI spending boom

Nvidia on Wednesday forecast a 70 per cent jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning about shortages of memory components.

Published Aug 27, 2026 · 10:45 AMOriginal source: Global News11 reads
Nvidia data centre revenue more than doubled to $89B amid AI spending boom
Nvidia on Wednesday forecast a 70 per cent jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning about shortages of memory components.
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Global News

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