NVIDIA Corporation is set to report its fiscal 2026 second-quarter earnings after the closing bell on August 27, with analysts projecting revenues of $46.03 billion, up 53.2% year over year. The company’s new-generation Blackwell Ultra graphics processing units (GPUs) are experiencing significant demand due to their ability to execute artificial intelligence (AI) tasks 50 times quicker than the previous Hopper architecture.
The shipping of these Blackwell Ultra GB300 GPUs started in large quantities during the latter half of the year, and with the fiscal second quarter including July, it is likely that the sales of Blackwell Ultra GB300 GPU will enhance NVIDIA’s revenues and profits. Additionally, the company expects to sell chips worth $8 billion to China in the fiscal second quarter, which could help recover lost revenues from previous quarters.
Major tech firms are also boosting their data center capital expenditures (capex), with Alphabet Inc., Meta Platforms, Inc., Amazon.com, Inc., and Microsoft Corporation increasing their forecasts for 2025. This growth in demand for NVIDIA’s GPUs, which power data centers, is expected to support long-term demand for the company.
As a result, it is prudent for NVIDIA stakeholders to retain their stock for potential long-term benefits. New investors should wait until NVIDIA’s fiscal second-quarter results either surpass or align with analysts’ forecasts for the stock to rise further. With top customers boosting their capex in data centers, it is unlikely that the fiscal second-quarter results will underperform expectations, presenting a timely opportunity for new investors to purchase the stock.
Source: https://www.zacks.com/stock/news/2741812/nvidia-to-post-q2-earnings-buy-hold-or-take-profits