SB Energy eyes US listing as Nvidia commits US$1.5 billion

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.

Nvidia and Amazon Web Services (AWS) expanded their AI partnership, with Nvidia's Nemotron models available on AWS platforms and AWS robotics adopting Nvidia's platforms. Nvidia expects fiscal 2028 revenue to grow 70%, citing supply constraints. Gross margins are projected to dip to 71-72% in Q4 before recovering. The partnership follows recent deals with OpenAI, MediaTek, and infrastructure investors. Nvidia's next earnings call is scheduled for November 17, 2027.

Nvidia invested $3.5B in MediaTek, a Qualcomm rival, to expand its AI chip ecosystem. The deal, criticized for circular financing, aims to broaden Nvidia's technological framework. Nvidia's equity investments total $99B, with $25B in commitments. The company reported Q2 revenue of $96.2B, up 106% YoY, and projected 70% revenue growth for fiscal 2028.

NVIDIA's CEO Jensen Huang defended the company's $3.5 billion investment in MediaTek, stating it is not circular and represents a decade-long partnership. MediaTek's shares rose 10% on the news. The investment, via convertible bonds, allows NVIDIA to take economic exposure to MediaTek without full equity consolidation. Both companies emphasized the focus on collaboration and co-development in AI and other sectors. The investment is seen as a strategic move to compete with Broadcom and AMD in the

Nvidia Corp CEO Jensen Huang received a call from President Donald Trump during an all-hands meeting. Trump later praised Nvidia's fiscal second-quarter revenue of $96.22 billion, a 106% year-over-year increase. The company expects third-quarter revenue between $105.84 billion and $110.16 billion.