Nvidia earnings live updates: Q2 results, memory prices and AI outlook
Follow Nvidia’s Q2 2027 earnings for data center results, guidance, AI demand and NVDA stock reaction in real time.
Nvidia will release its fiscal second-quarter results after the market closes. Analyst estimates suggest significant growth, with revenue expected to almost double compared to the previous year, reaching $46.7 billion. The company has been a key player in the artificial intelligence (AI) boom, with its chips used to build and serve advanced AI models. The stock has seen a 14% increase as of Tuesday's close, outperforming the Nasdaq.
Despite a historic growth period, competition from Advanced Micro Devices, Google, and others looms on the horizon. Nvidia is currently navigating a massive product cycle, with its new Vera Rubin AI systems beginning to ship to customers like Microsoft and OpenAI. CEO Jensen Huang expects $1 trillion in sales through 2027 from current-generation Blackwell chips and Vera Rubin.
Memory prices worldwide are soaring due to a shortage, partially caused by Nvidia's demand for high-performance HBM memory in its chips and large quantities of lower-specification DRAM for complete systems. DRAM prices for servers increased by 64% in the second half of last year, with an estimated 260% jump in 2026. Nvidia spent $145 billion in the first quarter to secure supply. CFO Colette Kress assured confidence in the company's ability to support growth opportunities.
Nvidia is expected to report a 75% gross margin, similar to the first quarter's results. However, heavy spending ahead to build inventory for Vera Rubin systems has led to soaring memory prices. The company may also share information about reported price hikes for its AI chips. Huang recently announced a program with six leading financial firms, pledging up to $500 billion in financing for AI chip projects.
Morgan Stanley initiated credit coverage of Nvidia, expressing support for the company's financing strategy, but acknowledging the long-term risks remain unclear.
Written by urgent.news from CNBC Technology's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
