Nvidia Reports Record Q2 Revenue, Guides 70% Growth for Fiscal 2028

EarningsM&A · Partnership Impact 5
โดย The Motley Fool·US·Read original
Summary · why it matters

Nvidia reported record second-quarter revenue of $96 billion, more than doubling year-over-year, and guided to approximately 70% revenue growth for fiscal 2028, citing supply constraints. Data center revenue rose 18% sequentially to $89 billion, with hyperscale contributing $49 billion and ACIE $40 billion. The company announced an expanded partnership with AWS to deploy an additional 2 million GPUs through Q2 fiscal 2029, and began production shipments of Vera Rubin, expecting it to be the fastest product ramp in Nvidia's history. Nvidia also revealed investments of nearly $50 billion in Frontier AI labs and partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to raise over $500 billion in third-party capital for AI infrastructure. For Q3, Nvidia expects revenue of $108 billion, plus or minus 2%, and gross margins of 74%, with margins expected to bottom in Q4 at 71% to 72% due to rising memory costs.

Impact on stocks 8

Artificial Intelligence▲ · 3 stocks
NVIDIA Corporation
NVDA
▲ PositiveCapitalDemandrelevance

Record Q2 revenue and strong Q3 guidance beat expectations, boosting earnings outlook.

Aging Population▲ · 2 stocks
Financials▲ · 2 stocks
Digital Finance & Tokenization▲ · 1 stocks

Theme Impact 19

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