Odaily Planet Daily report: "White-Haired God of Stocks" Serenity posted that NVIDIA's latest earnings report and conference call revealed AI demand signals significantly stronger than market expectations. NVIDIA's second-quarter revenue reached $96.22 billion, exceeding the market expectation of approximately $92.17 billion, with data center revenue at $89 billion; the company forecasts next quarter's revenue at approximately $108 billion.
Serenity highlighted that NVIDIA expects revenue growth of approximately 70% for fiscal year 2028, significantly exceeding the previous market expectation of around 43.9%, and noted that this outlook remains under "supply constraints." Meanwhile, NVIDIA stated that its committed order volume has increased from $119 billion in the prior quarter to $279 billion, primarily related to memory purchases over the coming years.
In addition, NVIDIA expects the capital expenditures of the top five hyperscale cloud providers to increase from nearly $800 billion in 2026 to $1.3 trillion in 2027. Serenity believes that AI demand shows no clear signs of slowing down, and the growth opportunities for supply chain segments such as memory, CPO, and 800V—driven by NVIDIA’s architecture and capacity expansion—are more noteworthy than NVIDIA itself.