NVIDIA and MediaTek expand collaboration across AI and autos

Nvidia's Vera Rubin platform is entering full production, with the company reporting $96.2 billion in fiscal Q2 revenue, up 106% YOY. Data-center revenue hit $89 billion, up 117% YOY, with a gross margin of 75%. Nvidia highlights a $40 billion revenue opportunity per gigawatt, emphasizing the value of performance per watt in AI data centers.

Nvidia partnered with six financial institutions to mobilize $500B for AI infrastructure, aiming to make it more accessible. The company reported Q2 2027 revenue of $96.2B, up 106% YoY, with data center revenue at $89B. Nvidia guided for Q3 revenue of ~$108B and 70% growth for fiscal 2028. Analysts remain bullish, with an average price target of $324, suggesting 49% upside.

Anthropic, backed by Nvidia, signed a $35B cloud computing lease with Lambada, also Nvidia-backed. Nvidia will be the lessee due to its better credit rating. The deal supports AI growth over 25 years, according to the companies.

SB Energy, a SoftBank Group subsidiary, filed for a US IPO under the ticker 'SBE' on Nasdaq and Nasdaq Texas. Nvidia committed US$1.5 billion to the company, which focuses on data centers and power infrastructure.

Nvidia reported a 124% YOY increase in non-GAAP operating income to $63.96B and a 120% YOY rise in non-GAAP EPS to $2.22, beating estimates. The company expects Q3 fiscal 2027 revenue of $108B and strong EPS growth. Analysts remain bullish, with price targets raised by Bernstein, JPMorgan, and UBS.

Anthropic signed a $35B cloud computing deal with Nvidia-backed Lambda, using Hut 8's Beacon Point data center. Nvidia will lease the facility, with Lambda providing compute capacity. Lambda secured a $926M loan for GPU infrastructure. Hut 8's lease for the data center has a $9.8B base-term value. The project is set to energize in 2027.