Nvidia forecasts quarterly revenue above estimates, shares rise

businesstimes.com.sg Aug 27, 2026

Nvidia forecasts quarterly revenue above estimates, shares rise

Curated by Shubham · TechCapsules · Aug 27, 2026

AI-summarised brief · reviewed before publication

Nvidia reported that its quarterly revenue more than doubled, exceeding Wall Street estimates and signaling sustained demand for its artificial intelligence chips. The chipmaker forecast third-quarter revenue of approximately US$108 billion, with an expected adjusted gross margin of 74 per cent. Additionally, Nvidia projected fiscal 2028 revenue growth of about 70 per cent. The company announced an expanded partnership with Amazon Web Services, committing to deploy an additional 2 million GPUs across Amazon’s global infrastructure in 2027 and 2028. Following the announcement, Nvidia shares rose more than 4 per cent in after-hours trading. The results underscore Nvidia’s position as a bellwether for the AI market, given its chips power most major data centers. This performance comes as Big Tech companies plan to spend over US$730 billion on AI infrastructure this year, although some clients are increasingly developing in-house chips to reduce reliance on Nvidia’s processors.

💡 Why It Matters

· Nvidia’s financial strength validates the massive capital expenditure cycle driving the current AI infrastructure boom.
· However, the simultaneous rise of in-house chip development by major clients suggests a potential long-term threat to Nvidia’s market dominance despite its short-term success.

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Unitree’s stock slump since IPO stokes fears of a bubble in Chinese…

Unitree Robotics’ shares fell sharply after its August 19 debut, wiping out 200 billion yuan in market value and leaving the company 48 percent below its peak price of 1,100 yuan. The stock closed at 615 yuan on Thursday, a 4 percent rebound that restored its market cap to 248.8 billion yuan (US$37 billion). Despite the recovery, analysts view the valuation as excessive, citing a high price‑to‑earnings ratio and intense competition in the nascent humanoid‑robot sector. Unitree remains China’s first listed humanoid‑robot maker, setting a benchmark for other AI‑unicorn IPOs.

💡 The sharp decline underscores investor wariness of inflated valuations in China’s emerging robotics market, potentially reshaping funding and growth expectations for the sector.

bernama.com · Aug 27

World : Nvidia More Than Doubles Revenue And Profit

Nvidia reported that its second fiscal quarter revenue more than doubled year‑on‑year to US$96.2 billion, while net profit surged 126 percent to US$59.7 billion. The company forecasts third‑quarter revenue of roughly US$108 billion, slightly above analyst expectations, and a gross margin of 74 percent. Shares dipped about one percent after the announcement. Nvidia’s growth is driven by high demand for AI computing power, with its chips now central to training and running large language models. The company’s market value stands at US$5.07 trillion, making it the world’s most valuable firm.

💡 Nvidia’s earnings confirm AI’s role as a catalyst for unprecedented corporate valuation, reshaping the tech investment landscape.

businesstimes.com.sg · Aug 27

HP’s decline in PC shipments overshadows strong results; shares fall

HP reported third-quarter revenue of US$15.7 billion, surpassing analyst estimates of US$14.38 billion, driven by strong demand for AI-optimized personal computers. Despite this 12.5 percent revenue growth, the company’s shares dropped 10 percent in extended trading after disclosing a 16 percent decline in PC unit shipments. HP attributed the volume drop to a strategic shift toward higher-margin, premium products amid rising commodity and memory chip costs. The PC segment’s operating margin contracted to 4.6 percent from 5.2 percent. CFO Karen Parkhill warned of below-seasonal revenue performance in the fourth quarter due to price increases, though year-over-year growth is expected. HP raised its full-year adjusted earnings per share forecast to US$3.19–US$3.29, incorporating an estimated 19 cents boost from tariff refunds. Printing revenue fell 2 percent to US$3.9 billion. The company anticipates margin pressures to persist until fiscal 2027, as global memory chip shortages fueled by AI data center buildouts continue to impact supply chains and pricing strategies across the industry.

💡 HP’s strategic pivot to premium AI devices reveals a critical industry tension: volume declines are becoming acceptable trade-offs for margin preservation in a constrained supply environment. This shift underscores how hardware manufacturers are prioritizing profitability over market share dominance amidst persistent memory chip shortages.

siliconangle.com · Aug 27

Nvidia doubles its revenue as demand for AI chips accelerate, but bubble…

Nvidia Corp. reported second-quarter earnings of $2.22 per share, surpassing Wall Street’s $2.10 forecast, while revenue climbed 106% year-over-year to $96.22 billion. Net income more than doubled to $53.95 billion. The data center segment drove growth, generating $89 billion in sales, representing 92% of total revenue. Nvidia provided bullish guidance, projecting current quarter revenue of $108 billion and fiscal 2028 growth of 70%, significantly exceeding analyst estimates. Although hyperscalers remain the primary customer base, spending from AI clouds, industrial, and enterprise clients rose 138% to $40.3 billion. Financial chief Colette Kress attributed the strong outlook to robust customer forecasts and acknowledged ongoing supply constraints. The company’s market capitalization exceeds $5 trillion, maintaining its position as the world’s most valuable publicly traded entity. Despite persistent fears of an AI bubble, Nvidia’s accelerating demand for chips continues to fuel substantial financial expansion and market confidence.

💡 Nvidia’s ability to expand beyond hyperscalers into industrial and enterprise sectors validates the broadening utility of AI infrastructure beyond tech giants. This diversification reduces reliance on a few large clients, stabilizing growth trajectories even as supply constraints limit total output.

247wallst.com · Aug 27

Lucid Sinks 6% Despite Major Vehicle Reveal, Rivian Drops 5%

Lucid Group and Rivian Automotive shares declined on August 26, 2026, with Lucid dropping 6% to $4.93 and Rivian falling 5% to $15.98. The sell-off occurred despite Lucid unveiling the Gravity GT-S, a 1,070-horsepower crossover priced at $128,000. Investors focused instead on the delay of the lower-cost Cosmos model to 2027 and Lucid’s $1 billion second-quarter net loss. While the company holds $3 billion in liquidity and maintains a 60% stake from Saudi Arabia’s Public Investment Fund, the market reaction suggests skepticism regarding production timelines and cash burn. The broader electric vehicle sector remained relatively stable, indicating the decline was specific to these manufacturers rather than a systemic industry downturn.

💡 The market’s dismissal of a high-performance reveal in favor of punishing a delayed volume model signals that investors now prioritize scalable production over brand prestige. This shift exposes the vulnerability of EV startups that rely on halo products to mask structural cash flow deficits.

247wallst.com · Aug 27

Why a Single Wire Report About Government Cash Sent AMD, Intel, and…

Semiconductor stocks surged overnight following a wire report suggesting the U.S. Treasury Department might utilize its nearly $1 trillion general account to fund bond repurchases. This potential move eased supply pressure, causing the 10-year Treasury yield to drop from 4.74% to 4.64% between August 21 and August 25, 2026. Consequently, the VanEck Semiconductor ETF rose 1.65% to $555.82, recovering partially from previous losses. Major chipmakers including Advanced Micro Devices, Intel, Marvell, and Micron led the rally. The market interpreted the Treasury’s potential asset shift as a reduction in new bond issuance, distinct from Federal Reserve reserve expansion. Because semiconductor valuations rely heavily on distant cash flows, lower discount rates significantly boosted their present value. AMD and Micron, trading on high multiples and long-term growth projections, benefited disproportionately from the yield decline. The rebound was fundamentally a rate-driven event rather than a sector-specific fundamental improvement, highlighting the sensitivity of high-growth technology valuations to government debt management strategies and interest rate fluctuations.

💡 This rally exposes how government balance sheet maneuvers can artificially inflate high-multiple tech valuations without underlying operational improvements. Investors must distinguish between fundamental sector strength and transient rate-driven liquidity effects to avoid buying into momentum that may reverse if Treasury cash levels change.