Nvidia stock jumps over 5% on record revenue and strong Q3 profit forecast

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Nvidia shares rose over 5% after Nvidia reported record revenue and a Q3 fiscal 2027 forecast. Net profit soared 2.3 times year-over-year. Nvidia reported Q2 revenue reached $96.2 billion, up 18% quarter-over-quarter and 106% year-over-year. Net profit hit $59.688 billion, with adjusted diluted EPS at $2.22 versus $1.01. First-half net profit reached $118.01 billion, up 2.6 times. The company forecasts Q3 fiscal 2027 revenue of about $108 billion, plus or minus 2%, excluding China data center sales. Shares closed Wednesday down 1.59% at $209.66 before rising 5.4% to $220.99 in after-hours trading.


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Nvidia stock jumps over 5% on record revenue and strong Q3 profit forecast | News Minimalist