By Patrick Sanders
Publication Date: 2026-08-26 17:52:00
A photo of Nvidia CEO Jensen Huang holding up a wafer by FotoField via Shutterstock
One of the biggest events on the August investment calendar is right around the corner – Nvidia Corporation’s (NVDA) earnings report for its second quarter of fiscal 2027 is scheduled for after the closing bell on Aug. 26. And while plenty of people will be looking at Nvidia’s top and bottom lines, I’m more interested in what CEO Jensen Huang will say about the company’s own investments.
Nvidia has been incredibly profitable as it became the world’s leading manufacturer of semiconductors used for training and running artificial intelligence programs. The company’s free cash flow in the last 12 months has been $119 billion, up 54% from a year ago, and its gross margins are nearly 75%.
That’s allowed Nvidia to make plenty of investments in other companies, and it has stakes in Intel (INTC), CoreWeave (CRWV), Nebius Group (NBIS), Iren (IREN), and more. And now it’s in talks with Perplexity AI as it considers taking a stake that would value the AI startup at $30 billion, an increase from $20 billion last year. Perplexity, which is an AI-powered platform that searches the internet and provides answers with numbered source citations, has seen its annualized revenue increase this year from $250 million to more than $750 million.
While Nvidia’s investments are intended to ensure companies continue to buy their chips, there are also fears that a downturn in the AI and chip…
