Nvidia ended its second fiscal quarter with net profit of $59.688 billion, an increase of 126% compared with the same period of the previous year. The result is more than double the amount achieved one year earlier.

The scale of the increase reinforces the company’s position as one of the leading players in the technology sector. The figures also highlight the financial scale achieved by a company closely associated with the development of advanced processors and the expansion of artificial intelligence.

The performance will be closely watched by investors and businesses seeking to assess whether demand for computing capacity will continue. Beyond the result of a single quarter, the key issue will be the sustainability of growth in a market characterised by intense innovation and competition.

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