{
  "id": 4317531,
  "title": "NVIDIA (NVDA) Tops Q2 Estimates and Guides Above Forecasts, But Shares Slip",
  "url": "https://urgent.news/2026/08/28/nvidia-nvda-tops-q2-estimates-and-guides-above-forecasts-but-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T18:32:48.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/nvidia-nvda-tops-q2-estimates-183248574.html"
  },
  "original_language": "en",
  "account": "On August 27, 2026, NVIDIA Corporation reported earnings for its fiscal second quarter, surpassing Wall Street expectations. The data center division saw a 117% increase to $89 billion, beating estimates near $85 billion. Adjusted earnings came in at $2.22 per share, outpacing the expected $2.10. CEO Jensen Huang stated that AI has reached an inflection point, with compute being the revenue driver and demand accelerating. However, shares still fell 1.8% after hours, as NVIDIA guided gross margins to bottom at 71-72% by fiscal Q4, down from 75%. The margin compression is partly self-inflicted, due to memory costs rising from AI development. The company's guidance beat estimates by a wide margin, with NVIDIA's next platform already shipping. The $108 billion Q3 guide topped the $104.2 billion consensus, and Huang emphasized that Vera Rubin, the next growth driver, is now in full production. Major customers are still committing capital, with AWS agreeing to buy 2 million Nvidia GPUs and adopting its new Vera CPU. Additionally, NVIDIA backed a $105 billion OpenAI data center in Ohio, countering fears about AI spending nearing saturation. Despite beating estimates, NVIDIA's stock fell as margin pressure mounts and forward financial commitments have ballooned, indicating risk concentration.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}