The minute
- Fiscal Q2 2027 revenue totaled $96.2 billion (up 106% year-over-year), with data centers accounting for $89 billion, 92% of the total
- Scope 3 (supply chain) emissions jumped from 6.91 million tonnes of CO2e to 10.7 million in a year, up 55% and nearly triple over two years; purchased goods and services alone account for 87% of that total
- The company maintains a validated target to cut scope 1 and 2 emissions 50% by fiscal 2030, and scope 3 emissions intensity 75% per petaFLOP of products sold
Why it matters
Scope 3 growth alongside record profit illustrates a tension that will repeat across the AI supply chain: the more chips Nvidia sells, the more emissions are embedded in manufacturing them, even as each product generation’s energy efficiency improves (the new Vera Rubin architecture promises up to 10x better energy efficiency than Blackwell).
The company also cited partnerships with Emerald AI, EPRI and energy firms to develop grid-responsive data centers, with potential to unlock up to 100 gigawatts of U.S. capacity through efficiency gains rather than just building new generation. via Carbon Credits
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