{
  "id": 3597274,
  "title": "Nvidia forecasts quarterly revenue above estimates, shares rise",
  "url": "https://urgent.news/2026/08/26/nvidia-forecasts-quarterly-revenue-above-estimates-shares-rise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T21:42:28.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/nvidia-forecasts-quarterly-revenue-above-estimates-4877887"
  },
  "original_language": "en",
  "account": "Nvidia reported that its quarterly revenue had more than doubled, and the company forecasted third-quarter revenue to surpass Wall Street estimates, signaling strong demand for its AI chips. The firm also announced an expansion of its partnership with Amazon's cloud computing unit, with an additional 2 million Nvidia GPUs set to be deployed across Amazon's global infrastructure in 2027 and 2028. Nvidia's shares rose significantly after-hours, jumping over 4%, as investors welcomed the company's growth strategy. The tech giant's strong performance is considered a key indicator for the AI market, as its chips power most major data centers and advanced models globally. Nvidia's forecast positions the company for substantial growth, with analysts expecting revenue to increase by about 70% in fiscal 2028. The company's margins, however, face pressure due to the ramp-up for its Rubin chips and rising memory prices in the silicon supply chain.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Nvidia tops earnings estimates, guides to $108 billion in revenue next quarter",
        "url": "https://urgent.news/2026/08/26/nvidia-tops-earnings-estimates-guides-to-108-billion-in-revenue-next",
        "published": "2026-08-26T20:24:31.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Nvidia doubled its quarterly revenue to $96 billion and crushes estimates—CEO Jensen Huang says demand is accelerating",
        "url": "https://urgent.news/2026/08/26/nvidia-doubled-its-quarterly-revenue-to-96-billion-and-crushes",
        "published": "2026-08-26T20:27:39.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Nvidia reports Q2 revenue up 106% YoY to $96.2B, Data Center revenue up 117% to $89B, Edge Computing revenue up 27% to $7.2B, and net income up 126% to $59.7B (Nvidia Newsroom)",
        "url": "https://urgent.news/2026/08/26/nvidia-reports-q2-revenue-up-106-yoy-to-96-2b-data-center-revenue-up",
        "published": "2026-08-26T20:32:07.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Nvidia more than doubled its revenue. Another record quarter didn't impress Wall Street",
        "url": "https://urgent.news/2026/08/26/nvidia-more-than-doubled-its-revenue-another-record-quarter-didnt",
        "published": "2026-08-26T21:20:37.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings",
        "url": "https://urgent.news/2026/08/26/wall-street-stocks-end-tad-lower-after-hot-inflation-data-ahead-of",
        "published": "2026-08-26T22:11:10.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Nvidia forecasts quarterly revenue above estimates, shares rise",
        "url": "https://urgent.news/2026/08/26/nvidia-forecasts-quarterly-revenue-above-estimates-shares-rise-3609755",
        "published": "2026-08-26T22:36:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}