Movement Alert|NVIDIA Rises 4.71% Overnight, Q2 Earnings Crush Estimates with Revenue Near $96B and Record Growth Guidance

Market Focus08:01

On August 27, NVIDIA rose 4.71% overnight, trading at $219.51/share, with turnover of $1.1049 million, following the release of its FY2027 Q2 earnings report after market close.

NVIDIA reported Q2 revenue of $96.2 billion, beating the analyst consensus of $92.2 billion, representing a 106% year-over-year increase. Adjusted EPS came in at $2.22, surpassing the $2.10 estimate by 5.7%. Data center revenue reached $89 billion, up 117% YoY. The company guided Q3 revenue to approximately $108 billion, poised to break the single-quarter $100 billion milestone for the first time.

In a landmark announcement, Amazon AWS committed to purchasing 2 million additional GPUs from NVIDIA through FY2029 Q2, also adopting NVIDIA Vera CPUs. CEO Jensen Huang provided unprecedented one-year forward guidance, projecting 70% revenue growth for FY2028, citing supply chain confidence. CFO Colette Kress noted top-five hyperscaler capex is expected to rise from $800 billion to $1.3 trillion next year, though gross margins will dip to 71-72% in Q4 due to memory cost pressures before stabilizing.

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