Nvidia’s Jensen Huang Says AGI Has Arrived. Here’s the Part Many Investors Are Ignoring.

Nvidia's stock is up 23% over 52 weeks, driven by strong AI-related earnings and data-center revenue growth. Q2 FY2027 revenue rose 106% YoY to $96.22B, beating estimates. Nvidia expects Q3 revenue of $108B. Analysts maintain bullish ratings with price targets up to $515.

Anthropic, an AI startup, is in talks with Nvidia to become an anchor investor in its potential $100 billion IPO, which could value the company at around $2 trillion. Nvidia may invest up to $10 billion. The IPO, expected before the U.S. midterm elections, follows significant revenue growth and partnerships with major tech companies.

Alphabet (GOOGL) plans a $15.1B investment in Finnish AI infrastructure, expanding its data centers and securing nuclear power. This boosts Nvidia (NVDA) due to increased AI demand, but Google's custom AI accelerators may limit Nvidia's gains. Alphabet's 2026 capex is projected at $195B-$205B, with AI revenue potential offset by high spending.

TSM reported August revenue of NT$514.81 billion, up 53.3% YoY, and 39.3% growth for the first eight months of 2026. NVDA benefits from TSM's demand but faces pricing pressure. TSM's pricing power could impact NVDA's margins. Hedge funds increased holdings in both TSM and NVDA in Q2.

Anthropic is in talks with Nvidia to be an anchor investor in its potential $100 billion IPO, which could value the AI startup at around $2 trillion. Nvidia may invest up to $10 billion, though plans are still under discussion. Anthropic's revenue run rate reached over $65 billion by July. The IPO is expected to complete before the U.S. midterm elections in November.

Nvidia will use Palantir's Foundry software to analyze supply chain risks, while Palantir will integrate Nvidia's Nemotron AI model. Both companies aim to enhance their offerings, with Nvidia optimizing its supply chain and Palantir improving its platform for customers. Nvidia's CEO highlighted the complexity of AI data center supply chains, emphasizing the partnership's role in transforming supply chain management.