ChainCatcher report: NVIDIA's revenue for the second quarter of fiscal year 2027 increased more than twofold year-over-year to $96.22 billion, surpassing market expectations of $92.17 billion; adjusted earnings per share came in at $2.22, exceeding the expected $2.10. Data center revenue more than doubled to $89 billion, above the expected $85.08 billion. The company forecasts third-quarter revenue of $108 billion (±2%), higher than analyst expectations of $104.19 billion; adjusted gross margin is expected at 74% (±0.5 percentage points), slightly below the market expectation of 74.77%. NVIDIA anticipates fiscal year 2028 revenue growth of approximately 70% and plans to expand its collaboration with AWS, with an additional deployment of 2 million NVIDIA GPUs across Amazon’s global infrastructure in 2027 and 2028. The company stated that the revenue opportunity for AI chips could exceed $1 trillion before 2027. The third-quarter guidance does not include any sales of data center chips from China. Following the earnings announcement, NVIDIA’s stock rose over 4% in after-hours trading. As of Wednesday’s close, its market capitalization was approximately $5.16 trillion, with the stock up 12.4% year-to-date.
NVIDIA Q2 Revenue Exceeds $96.22 Billion, Q3 Guidance Set at $108 Billion
ChaincatcherShare
Summary
NVIDIA's Q2 revenue reached $96.22 billion, exceeding expectations of $92.17 billion amid strong inflation data. Adjusted EPS came in at $2.22, above the $2.10 forecast. Data center revenue surged to $89 billion, significantly surpassing estimates. The company projected Q3 revenue at $108 billion (±2%), outpacing analyst expectations. As altcoins gain momentum, NVIDIA plans to expand GPU deployment with AWS, adding 2 million units by 2027–2028. The company anticipates AI chip revenue could reach $1 trillion by 2027. After-hours trading saw shares rise over 4%, bringing the market cap to $5.16 trillion.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.