Stocks
Nvidia Exceeds Expectations with Record-Breaking Q2 Results
Nvidia's Q2 results have exceeded expectations once again, with revenue reaching $96.22B and Data Center sales of $89B beating forecasts.
The company has also provided guidance for Q3, predicting revenue to reach $108B, a significant increase from previous estimates.
Moreover, Nvidia's management expects FY2028 revenue growth to be around 70%, well above initial Wall Street expectations.
This strong performance has led some investors to question whether the company can sustain its pace of growth, particularly in light of supply chain constraints and increasing competition.