NVIDIA reported fiscal Q2 2027 revenue of $96.2 billion, up 105.9% year on year, and management expects about 70% growth in fiscal 2028, though supply constraints limit that forecast. The new Vera Rubin data center hardware began production shipments in August 2026, with orders already placed by major AI cloud providers and hyperscalers, and management expects it to make up about 20% of data center revenue in fiscal Q3 2027. Management puts NVIDIA's revenue opportunity at $40 billion per gigawatt of Vera Rubin AI data center capacity, versus $25 billion for Blackwell, and AWS plans to deploy an additional 2 million NVIDIA GPUs. Risks include supply bottlenecks through at least fiscal 2028, rising memory costs, and NVIDIA's nearly $50 billion investments in frontier AI labs, which management acknowledged some may call circular financing. The stock closed November 3, 2026 at 13.6% below its October 6 high, returning 2.3% over the past year versus 11.9% for the S&P 500, and trades at 25.9 times trailing earnings against 22.8 for the index.
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/03/2026 | 206.57 |
| Change that session | +2.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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