Nvidia Stock Jumps On Bullish Quarterly Report, Outlook

Nvidia reported fiscal Q2 2027 revenue of $96.2B, beating estimates by $4.3B, with EPS of $2.22. Data center revenue surged 117% YoY to $89B. Guidance for Q3 is $108B, above consensus, with FY2028 growth projected at ~70%. The stock is 5.1% below its all-time high, with strong technical indicators.

Nvidia reported a 100% increase in data centre revenue to $89B, forecasting 70% revenue growth for next fiscal year. Shares rose 8% on the news. The company cited strong AI demand, supply constraints, and new partnerships. Q2 revenue was $96.22B, beating estimates. China business remains uncertain.

Nvidia is reportedly acquiring AI model repository Hugging Face for $12.9B. Hugging Face, known as the 'Github of machine learning,' recently faced controversies over deepfake models and an OpenAI hack. The platform hosts nearly 3M public model repositories and 1M datasets, with Nvidia and AMD being top contributors. Hugging Face also partners with Qualcomm for data-center technology. The deal would expand Nvidia's influence in the open-source AI ecosystem.

Nvidia (NVDA) reported Q2 CY2026 earnings with revenue up 106% YoY to $96.22B, beating estimates. Guidance for Q3 was $108B, 3.3% above expectations. Management cited strong AI infrastructure demand and supply constraints. Data center revenue rose 18% QoQ to $89B. CEO Jensen Huang noted demand outpacing supply, limiting growth to 70%.

Tech stocks rose on Wall Street after Nvidia and Salesforce reported stronger-than-expected profits and revenue growth driven by AI demand. Nvidia gained 7.6%, while Salesforce surged 20.7%. The S&P 500 added 0.4%, and the Nasdaq composite rose 1.1%. HP and Best Buy fell despite beating estimates, reflecting broader market mixed trends.

Nvidia (NVDA) stock rose 6% after Q2 earnings beat expectations, with adjusted EPS of $2.22 on revenue of $96.2B. The company forecasted Q3 revenue between $105.8B and $110.1B, exceeding estimates of $1.51B.