Nvidia Q2 2027 earnings: data center results, AI outlook, and stock reaction

Nvidia is set to report its fiscal second-quarter earnings after the market closes, with analysts expecting earnings per share of $2.10 and revenue of $92.17 billion, according to LSEG estimates. The company's revenue is projected to nearly double year-over-year from $46.7 billion, driven by sustained demand for its AI chips. However, investors have cooled on the stock this year, with shares up only 14%, amid rising competition from AMD and Google and soaring memory costs due to a global shortage. Nvidia is shipping its new Vera Rubin AI systems to customers like Microsoft and OpenAI, and CEO Jensen Huang has forecast $1 trillion in sales through 2027. The company's investor conference call begins at 5 p.m. ET.