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@kewur 13 hours ago

Nvidia set for strong earnings as AI chip demand surges

Nvidia set for strong earnings as AI chip demand surges

Nvidia is gearing up for its Q2 fiscal 2026 earnings report on Aug. 27. The company's dominant 92% GPU market share continues to drive growth, helped by major spending increases from Meta, Alphabet, and Microsoft. Analysts expect Q2 revenue around $45.75B, a 52% jump from last year, and EPS of $1.00. Investors are also watching for details on a deal allowing Nvidia to resume AI chip sales in China, which was previously blocked and cost them $4.5B in charges. Despite concerns about 'slowing' growth, Nvidia remains consistent in revenue gains. With capex up and China sales likely returning, Nvidia looks positioned for another solid quarter.
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