SemiAnalysis predicts a 20% revenue beat for NVIDIA's data center business in 2H FY2027.

Huo Xing Cai Jing reports that on June 30, the semiconductor and AI independent research firm SemiAnalysis published a report stating that NVIDIA is expected to experience significant growth in the second half of this year. According to the SemiAnalysis Accelerator Model, NVIDIA’s data center computing (DC Compute) revenue in the second half of fiscal year 2027 (2H FY2027) is projected to exceed market consensus estimates by 20%. The Rubin platform, previously delayed due to HBM4-related issues, is now expected to see large-scale production ramp-up in the second half of this year, following the resolution of those issues and improved front-end wafer supply capacity. Unlike some sell-side analysts who tend to set conservative earnings forecasts to facilitate “beating expectations,” SemiAnalysis’s projections are based on in-depth research covering the entire supply chain—including materials, wafer manufacturing, components, server OEMs, hyperscalers, and the latest developments from leading AI labs. Insights on NVIDIA and other AI chip companies such as Broadcom, AMD, MediaTek, and Marvell are integrated into its Accelerator Model and HBM Model.