Nvidia has announced a new business model under which it’ll be able to double-dip for revenue on the same silicon: once when its partner AI clouds use its hardware, and again as an ongoing percentage of the revenue that hardware generates. …
… Because advanced nodes account for most of its wafer revenue, even a mid-single-digit increase across that base could add billions of dollars in annual revenue if demand remains strong. …
… China's semiconductor equipment vendors collectively posted record revenues in 2025, but profitability is under pressure from domestic price competition , and the hardest remaining bottleneck, lithography, has no credible near-term domestic solution. …
… TPU sales turn capex into inventory Google began recognizing revenue from TPU system sales in the quarter, with Ashkenazi telling analysts the systems were "delivered to customer data centers for the first time in Q2" and that "the vast majority of the revenues from these agreements will be realize… …
… The oil and shipping choke point may also soon become a digital pressure point. …
… Revenue from 22nm grew 93% year-over-year in 2025 and now accounts for 14% of total revenue, up from single digits the prior year. Combined, 22nm and 28nm represent 34% to 36% of quarterly wafer revenue. …
… Nvidia pulled in a staggering $81.6 billion in total revenue, an 85% increase year-over-year, with a mind-melting $75.2 billion of that coming strictly from its Data Center division. …
… The powerful technology is arriving in companies already under pressure to cut costs, demonstrate growth, and satisfy investors. …
… Likewise, Applied Materials expects to lose $600 to $710 million in China revenue this fiscal year. …
… This means that local Chinese chip companies are getting more revenue, allowing them to reinvest their earnings into their R&D efforts. …