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Publication Date: 2026-02-26 16:39:00
Nutanix Inc (NASDAQ:NTNX) shares are trading higher Thursday morning after the company paired mixed fiscal second-quarter results with a new artificial-intelligence partnership and equity investment from Advanced Micro Devices Inc (NASDAQ:AMD).
Here’s what investors need to know.
Revenue Beats Expectations
Nutanix reported revenue of about $723 million, topping Wall Street forecasts, while adjusted earnings of 36 cents per share came in below consensus.
Management also warned that server supply constraints are stretching lead times and could temporarily pressure near-term revenue and free cash flow.
AMD Invests $150 Million In Nutanix
Equity Investment Underscores Enterprise AI Push
Under the multi-year pact, the companies will co-develop an open, full-stack “agentic AI” infrastructure platform built on AMD EPYC CPUs, Instinct GPUs and ROCm and Enterprise AI software, tightly integrated with the Nutanix Cloud and Kubernetes platforms.
The first jointly engineered platform is slated to reach the market beginning in late 2026, targeting enterprise and service-provider customers that want scalable, production-ready AI infrastructure across data center, hybrid and edge environments.
Guidance Trimmed As Supply Constraints Persist
Despite Thursday’s surge, Nutanix tempered expectations, forecasting third-quarter revenue of $680 million to $690 million, below analyst estimates, and trimming its fiscal 2026 revenue outlook.
Executives said demand remains healthy but acknowledged that…
