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# Nvidia's Profit Doubles to $59.69 Billion on AI Spending
- URL: https://globalfeed.ai/en/nvidias-profit-doubles-to-59-69-billion-on-ai-spending/
- Published: 2026-08-29T05:29:32.000Z
- Updated: 2026-08-30T15:27:11.000Z
- Description: The New York Times reports that Nvidia's profit doubled to $59.69 billion, driven by spending on artificial intelligence.
- Author: GlobalFeed Editor
- Tags: nvidia, artificial intelligence, earnings, semiconductors, dil-en

Nvidia's profit has doubled to $59.69 billion, driven by spending on artificial intelligence, according to a report by The New York Times.

The report notes that Jensen Huang, Nvidia's chief executive, placed a large bet years ago on chips and software built for artificial intelligence. The company's current financial figures point to how central that decision has become to its revenue base.

## What we have here

The full text of this report was not accessible to us; we have only the headline and a short opening passage. For that reason we are not reporting quarterly details, segment breakdowns or forward guidance. Readers looking for specifics; such as which reporting period the profit figure covers and what it is being compared against; should go to the original source.

Full report: [The New York Times](https://www.nytimes.com/2026/08/26/technology/nvidia-profit-ai-doubles-earnings.html?ref=globalfeed.ai)