NVIDIA Corp

NVIDIA delivered a blowout second fiscal quarter of 2027, posting adjusted EPS of $2.22 against a Wall Street consensus of $2.09, a beat of 6.29% that extended the chipmaker's winning streak to five consecutive quarters of topping estimates. Revenue of $96.22 billion cleared the $92.07 billion consensus by 4.51% and more than doubled from a year ago, rising 105.8% year-over-year on the back of extraordinary demand for AI infrastructure. The engine behind those numbers was Data Center, which contributed $89.02 billion in quarterly revenue, up 117% from a year ago, as the ramp of Blackwell Ultra architecture drove both hyperscale and enterprise customers to accelerate deployments. Gross margins held at 75.0% on a non-GAAP basis, improving from 72.5% a year ago, reflecting favorable product mix as Blackwell Ultra volumes scaled. Investors tracking the company's forward commitments will note that supply obligations surged to $279.00 billion, largely tied to memory procurement for Vera Rubin production, underscoring the depth of the pipeline ahead. For Q3, NVIDIA guided to revenue of $108.00 billion, plus or minus 2%, with gross margins near 74.0%.