NVIDIA is trading 6.6% up now at $223.46 after August 26 earnings exceeded expectations and management issued a stronger outlook.
- Fiscal Q2 revenue reached $96.2 billion; projected fiscal Q3 revenue of approximately $108 billion surpassed consensus estimates.
- The outlook reinforced demand for Blackwell and continued AI infrastructure spending.
- Reuters reported shares initially dipped before rising as investors focused on the outlook and projected fiscal 2028 growth.