Nvidia reportedly posted a quarter with $96 billion in revenue and issued guidance for 70 percent revenue growth in fiscal year 2028. The figures are seen as a response to the ongoing debate over a possible AI bubble and triggered positive reactions in stock markets.
- Nvidia reported a quarter with $96 billion in revenue, according to Observer.
- For fiscal year 2028, Nvidia guided for 70 percent revenue growth, according to The Motley Fool.
- Nvidia is pausing revenue-sharing agreements with AI cloud partners, according to the Wall Street Journal (via Seeking Alpha).
- The Nasdaq and S&P 500 rose on Nvidia's forecast, according to Virginia Business, while investors watch for a speech by Fed official Warsh.
- Asian stock markets mostly rallied following the strong Nvidia results, according to AP reports.
How strong is Nvidia's projected growth?
Nvidia issued guidance for 70 percent revenue growth for fiscal year 2028, according to The Motley Fool. This guidance is seen as a sign that, from the company's perspective, demand for AI infrastructure and chips is far from slowing down.
Why is Nvidia pausing revenue-sharing deals with cloud partners?
According to a report by the Wall Street Journal, picked up by Seeking Alpha, Nvidia has paused revenue-sharing agreements with AI cloud partners. The available reporting does not specify further details on the exact reasons or the partners affected.
How did stock markets react to Nvidia's results?
The Nasdaq and S&P 500 were lifted by Nvidia's forecast, according to Virginia Business, while investors also kept an eye on a speech by Fed official Warsh. Asian stock markets mostly rallied following the strong Nvidia results as well, according to AP reports.
Which companies is Nvidia reportedly investing in?
The Motley Fool reports that Nvidia has invested billions in three companies, though the coverage does not provide further details on the size or purpose of the individual stakes.
Beyond the pure financial figures, Nvidia's role in the open AI ecosystem is also coming into focus: according to Fast Company, a deal with Hugging Face could fundamentally reshape the ecosystem for open AI models. Meanwhile, Forbes frames the results as a sign of booming AI demand, while pointing out that risks remain.
On the valuation of Nvidia stock, Barron's notes that it looks cheap by comparison, drawing a parallel to an earlier phase at Apple. Meanwhile, The Motley Fool discusses whether memory chip maker Sandisk has already had its own 'Nvidia moment' after a 3,110 percent share price surge – a sign of how strongly Nvidia's success serves as a reference point for other semiconductor stocks.
