By Unknown
Publication Date: 2026-09-15 20:05:00
NVIDIA CorporationNVDA and Broadcom IncAVGO both have capitalized on the robust artificial intelligence (AI) spending, with their latest quarterly results highlighting strong performance across key AI-related businesses. This raises an important question: which among the two is a better buy now for investors? Let’s have a look –
NVDA’s AI Growth Momentum Remains Strong as Demand Soars
According to NVIDIA’s Aug. 26 press release, the company’s fiscal second-quarter 2027 revenues reached $96.2 billion, up 106% year over year and 18% quarter over quarter. The Data Center business remained the key growth driver, generating $89 billion in revenues, up 117% year over year and 18% sequentially.
Alongside rapid top-line growth, NVIDIA delivered strong profitability. The company’s non-GAAP gross margin came in at 75%, up from 72.5% a year ago. Notably, continued high operating income helped the company translate its revenue gains into faster earnings growth.
NVIDIA’s…
