Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue.

Nvidia also saw its net income grow substantially since last year. The company reported a net income of $26.4 billion in the second quarter, a 59% spike since the same period last year.

All told, the company brought in $41.1 billion in revenue from data center sales in the quarter, suggesting that AI companies’ demand for cutting-edge GPUs continues to grow. The company’s most advanced generation of chips, Blackwell, accounted for $27 billion of those sales

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