NVIDIA's non-GAAP gross margin reached 75% in fiscal Q2 2027, up from 72.4% a year earlier, but the company expects it to fall to 74% in the third quarter, plus or minus 50 basis points, as memory costs rise. Revenue jumped 106% year over year and 18% sequentially to $96.2 billion, with Data Center revenue up 117% to $89 billion. The article says NVIDIA's pricing power, supplier relationships and the Vera Rubin platform could help offset part of the cost pressure. Rival AMD reported second-quarter 2026 revenue of $11.54 billion and a non-GAAP gross margin of 56.2%, with third-quarter guidance pointing to a 56% margin, while Intel could also face similar component cost and production challenges.
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NVDAsemiconductorsmemory chipsdata centersearnings
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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