By Bram Berkowitz
Publication Date: 2026-08-26 22:15:00
With the broader stock market struggling in recent weeks, all eyes were on Nvidia’s (NVDA -1.59%) fiscal 2027 second-quarter earnings results, and boy, did the $5 trillion artificial intelligence semiconductor giant deliver.
Nvidia posted adjusted earnings per share of $2.22, up 120% year over year, on total revenue of $96.22 billion, up 106%.
Nvidia’s results topped Wall Street consensus estimates of $2.10 in earnings and $92.17 billion in revenue.
Nvidia guided for $108 billion in revenue in the third quarter, plus or minus 2%, excluding any data center revenue from China. The company also guided for a gross margin of 74%, plus or minus 0.5%. Consensus estimates had expected $104.2 billion in revenue.
Furthermore, Nvidia repurchased $26 billion of stock in the second quarter and has $99 billion remaining under its share buyback authorization.
As of 6:12 p.m. ET on Aug. 26, Nvidia shares had flipped positive and traded roughly 3.8% higher. CEO Jensen Huang just delivered great news to shareholders.
Image source: Nvidia.
AI is at an ‘inflection point’
Beating estimates and raising guidance is nothing new for Nvidia. In fact, perhaps the one rare thing about today’s report is that shares are actually green in after-hours trading, at least as of this writing.
The other great news that Huang delivered to shareholders is his belief that AI has “reached its inflection point.”
“It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue,” Huang stated…
