Business · 27 August 2026

Nvidia's £98bn profit: The 'golden age' of AI's unexpected winner

The American chipmaker recorded a 106% revenue jump, taking in £71bn during the quarter leading up to July. Chief executive Jensen Huang noted that market demand keeps accelerating, describing this current era as a golden age for artificial intelligence startups. Shares in the technology firm climbed 4% after it signed a fresh deal to provide Amazon Web Services with two million graphics units.

By BriefTea Editorial · 27 August 2026 at 10:28

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