Why Nvidia Stock Rocketed Higher Today
Nvidia stock surged 7.5% after reporting fiscal Q2 2027 results that significantly exceeded expectations. The company generated record revenue of $96.2 billion (up 106% YoY) and adjusted EPS of $2.22, beating analyst estimates. The data center segment drove growth with $89 billion in revenue (up 117% YoY). Management forecasted 70% revenue growth for fiscal 2028, far exceeding Wall Street's 44% estimate, and noted growth could exceed 100% without supply constraints.
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