2nd Largest Company end of September?NVIDIA

NVIDIA (NVDA) F2Q27 Earnings Highlights F2Q Results Slightly Exceed Expectations - Revenue: USD 96.2 billion (+18% QoQ, +106% YoY), GF Securities 94.5 billion, Bloomberg Securities 92.3 billion, Buy-Side Advisors 94.6 billion - Data Center Revenue: USD 89 billion - Gross Margin: 75%, GF Securities 75.1%, Bloomberg Securities 75% - EPS: $2.22, GF Securities $2.15, Bloomberg Securities $2.09, Buy-Side Advisors $2.18 F3Q Revenue Guidance Fully In Line with Us but Slightly Above Market Expectations, GM Slightly Below Expectations - Revenue Guidance: USD 108±2% billion, GF Securities 108 billion, Bloomberg Securities 104 billion, Buy-Side Advisors 109 billion - Gross margin guidance: 73.5-74.5% (official guidance: 74.0% ±50bps), GF Securities 75.1%, Bloomberg 74.8% - Vera Rubin has shipped, F3Q is expected to contribute approximately 20% of DC revenue - Storage costs exceeded expectations, F4Q gross margin guidance is 71-72%, rebounding to FY28 72-73% following the price increase in F1Q28 - Full-year OPEX growth is low-50s FY28 revenue guidance exceeded expectations - FY28 revenue is expected to increase by 70% YoY - 70% growth is due to supply constraints, customer-forecasted demand is 100% growth Data Center - Hyperscale F2Q revenue $49 billion (+13% QoQ), F4Q and FY28 will see renewed acceleration - AWS Expanded collaborations, adding 2 million GPUs to F2Q29 - ACI&E F2Q revenue of $40 billion (+25% QoQ), driven by Neoclouds capacity expansion (expected 8GW by the end of 2026) - Sovereign AI F2Q revenue +35% QoQ, achieved through Regional NeoCloud CPU - Vera CPUs are now in full production, shipping to OCI, SpaceX, and AWS - $20 billion in Server CPU demand, FY28 CPU revenue more than doubled year-on-year Neoclouds - Revenue-sharing model, Nvidia shares a portion of upside revenue when NeoCloud revenue exceeds guaranteed levels - Nvidia can "Get paid twice": hardware sales + Rental Revenue Sharing - Driving TAM expansion, bringing billions of dollars in revenue in the medium to long term Capital return - F2Q Buyback of $20 billion, quarterly dividend of $6 billion - Year-to-date (YTD) reaches approximately 60% of FCF (originally planned ≥50%) > Other Summary - Nvidia AI Factory revenue per GW increases: Hopper approximately $18 billion/GW → Blackwell $25 billion/GW → Vera Rubin $40 billion/GW - Networking revenue F2Q +18% QoQ, Spectrum-X Ethernet year-over-year growth of 2.6x - Frontier AI Labs' growth exceeds its own B/S-supported investment scale, Nvidia has invested approximately $50 billion - OpenAI commits to deploying 12GW by 2030 - Partnering with SoftBank Energy to deploy computing power at Portsmouth Campus (initial deployment 4.25GW) - Inventory rises to $32 billion, Vera Rubin stockpiling - DSO rises to 60-day payment period extended for large purchases by some major customers - F2Q sales of H200 to China account for less than 1% of total DC revenue; guidance excludes China revenue - Groq 3 LPX full production; Nebius to be the first to adopt it > Stock Performance - After-hours stock price rose more than 4%, driven by the company's FY28 revenue +70% YoY guidance, rapid Vera Rubin ramp-up, and optimistic CPU outlook.

Nvidia Reports Blowout Second Quarter, Forecasts 70% Revenue Growth in 2028--Update

*NVIDIA SAYS AMAZON TO DEPLOY ADDITIONAL 2 MILLION GPUS • • *NVIDIA SHARES EXTEND GAIN TO 2.9% DURING EARNINGS CALL

NVIDIA Q2 Revenue Reaches $96.2 Billion, Q3 Guidance Set at $108.0 Billion • • NVIDIA reported fiscal Q2 2027 revenue of $96.2 billion, up 106% year over year and above the $92.2 billion consensus estimate. Data Center revenue reached $89.0 billion, up 117% and above the $85.8 billion estimate, while non-GAAP diluted EPS came in at $2.22, beating expectations of $2.10. Non-GAAP gross margin was 75.0%, in line with estimates. NVIDIA guided fiscal Q3 revenue to $108.0 billion, plus or minus 2%, above the $104.2 billion consensus estimate, with the outlook assuming no Data Center compute revenue from China. The company said its Vera Rubin platform has entered full production and returned about $26.0 billion to shareholders through share repurchases and cash dividends during the quarter.

Nvidia is now almost $1 Trillion larger than every other public company • • Nvidia's $NVDA market cap has increased by more than $100 Billion so far in today's early trading

Two major reasons fueled NVIDIA's stock price surge 11% this week! Further significant positive news may emerge at the end of the month.