Nvidia is likely one of the most closely watched stocks on the market. The company's graphics processing units (GPUs) were crucial in the advent of generative artificial intelligence (AI) in late 2022, and the chipmaker has become a bellwether for the AI landscape. All eyes were on Nvidia as the company released its quarterly financial report after the market close on Wednesday.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investors were hoping for insight into the state of AI adoption and whether AI had room to run, and that question was answered with a resounding "yes."
Image source: Nvidia.
One of the biggest questions among investors is just how long Nvidia could keep up its frantic pace of growth. It turns out there's still runway ahead, as its growth continued to accelerate. For its fiscal 2027 second quarter (ended July 26), the company generated record revenue of $96.2 billion, up 106% year over year and 18% quarter over quarter. This drove adjusted earnings per share (EPS) up 120% to $2.22. The results were partially driven by Nvidia's expanding gross margin of 75%.
#signal
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investors were hoping for insight into the state of AI adoption and whether AI had room to run, and that question was answered with a resounding "yes."
Image source: Nvidia.
One of the biggest questions among investors is just how long Nvidia could keep up its frantic pace of growth. It turns out there's still runway ahead, as its growth continued to accelerate. For its fiscal 2027 second quarter (ended July 26), the company generated record revenue of $96.2 billion, up 106% year over year and 18% quarter over quarter. This drove adjusted earnings per share (EPS) up 120% to $2.22. The results were partially driven by Nvidia's expanding gross margin of 75%.
#signal
2 months ago
