$NVDA

Nvidia reported Q2 EPS of $2.46, up from $1.08 YOY, with $59.7B net income, up 126% YOY. Options traders focus on $260 strike, requiring a stronger rally than implied. Analysts expect 99% YOY earnings growth for Q3 FY2027, with targets up to $400. Success depends on AI demand, product execution, and strategic moves.

Nvidia's DLSS 5 launched in NBA 2K27, initially limited to RTX 50-series GPUs. The tech enhances photorealism but significantly impacts performance. Nvidia plans to expand support to RTX 40-series GPUs after optimization. According to the company, DLSS 5 boosts FPS from 240 to 370 at 4K with an RTX 5090, though this includes frame generation.

SpaceX CEO Elon Musk announced the company will exclusively use Nvidia's AI computing hardware, citing its superior architecture. SpaceX's Q2 capital expenditures were $18.4B, with $15.8B allocated to AI infrastructure. Nvidia shares rose 3.4% following the announcement. SpaceX expects to increase its computing capacity to 2GW by 2026 and potentially 10GW by 2027, all using Nvidia hardware. The company has $28B in noncancelable purchase commitments, mostly for AI infrastructure, with $22.2B matu

AWS and NVIDIA announced plans for AWS to deploy 2 million additional NVIDIA GPUs in 2027-2028, following an earlier plan for 1 million GPUs starting in 2026. Amazon (AMZN) aims to increase cloud capacity, while NVIDIA (NVDA) gains a long-term deployment roadmap. NVIDIA's Q2 revenue rose 106% to $96.2B, with Data Center revenue up 117% to $89B. Both companies face risks related to utilization, competition, and capital efficiency.

Blackstone President Jon Gray stated that AI investments are not a bubble, as demand for computing power already exists but infrastructure supply is insufficient. He cited regulatory constraints and resource shortages as factors limiting growth. Gray acknowledged potential risks but expects AI demand to exceed expectations. Blackstone recently partnered with Nvidia and other firms to raise $500B in capital.

Nvidia (NVDA) agreed to acquire Hugging Face for $12.9B, aiming to expand into AI software. The deal, expected to close in 2027, gives Nvidia control of an open-source AI platform with 10M developers. Hugging Face's CEO cited the inflection point of open-source AI. The acquisition aligns with Nvidia's strategy to offer a full AI infrastructure stack, from chips to model deployment.

Nvidia's (NVDA) CEO Jensen Huang mentioned 'visibility' once during the Q2 earnings call, highlighting the company's ability to see demand upstream and downstream. Nvidia provided fiscal 2028 guidance, forecasting 70% revenue growth due to strong demand and supply constraints. The company is expanding beyond chips, building full-stack AI systems and partnering with Marvell, Nokia, and Coherent for broader ecosystem integration.

New York's state pension fund reported a 6.1% return in Q1, growing assets to $309.7B. The fund reduced holdings in tech stocks like Apple, Google, Microsoft, Nvidia, and Micron ahead of a market slump, according to SEC filings. The fund's asset allocation includes 39.4% in public equities and has a long-term expected return of 5.9%.

Elon Musk's plans to move AI into space by 2027, with SpaceX targeting a Q4 2027 launch for its first Starmind AI satellite, using Nvidia's computing tech. This initiative could create opportunities for suppliers like Redwire, Microchip Technology, Rocket Lab, and Planet Labs, similar to how oilfield service companies benefited from offshore drilling.

Nvidia introduced NVHBM, a custom high-bandwidth memory architecture promising 30% more bandwidth, 15% lower power use, and 25% more compute area. Performance claims are compared to HBM4E, expected to launch in 2027. Amazon's Annapurna Labs is the only named partner, with potential use in Trainium4 GPUs. Nvidia's technology is similar to Marvell's 2024 announcement, focusing on memory controller placement.