Nvidia's earnings reveal AI demand strength and supply limits

seekingalpha.com

Nvidia reported $96.2B in fiscal Q2 revenue, exceeding Wall Street expectations, and issued an unprecedented long-term forecast projecting 70% growth through fiscal 2028, causing shares to spike. Supply constraints, particularly memory components, are bottlenecking deliveries, so growth guidance only reflects confident hardware delivery levels. Diversified demand from edge computing and new AI players broadens Nvidia's revenue base and sustains high growth. Nvidia argues data center assets are versatile with low "circular financing" risk, positioning it well for large-scale third-party ecosystem investment. The company's outlook suggests the AI boom remains strong.


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