Nvidia (NVDA) Revenue Soars 106% in Q2 FY 2026 Earnings Report
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowNvidia (NVDA) reported a record revenue of $96.2 billion for the fiscal second quarter of 2026, reflecting a 106% increase year-over-year. Data center revenue rose 117%, making up 93% of total results. Adjusted earnings per share also surged by 120% to $2.22, exceeding market expectations. Nvidia's guidance for fiscal 2028 anticipates 70% revenue growth, up from analysts' previous forecast of 45%. This significant growth makes Nvidia's shares comparatively cheaper, trading at 14 times next year's adjusted earnings, which could attract investors looking for growth opportunities.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About NVIDIA Corporation (NVDA)
Nvidia designs the graphics and AI accelerator chips that power gaming, data centers, and the generative-AI boom, making it a bellwether for the semiconductor industry.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
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