Nvidia Shatters Earnings Expectations | Raleigh News

Nvidia just shattered expectations with a $96.2 billion Q2 revenue surge—up 106% year-over-year—and beat EPS estimates, sending its stock soaring despite past patterns of post-earnings dips. The real buzz? Their bold forecast for $108 billion in Q3 revenue and 70% full-year growth for 2028, even amid supply constraints—a first for the company. Analysts are buzzing, with Stifel boosting their price target and reaffirming a “buy” rating, citing Nvidia’s unmatched role in AI acceleration. Meanwhile, AWS’s commitment to deploying 2 million more GPUs underscores that Nvidia’s hardware remains indispensable—even as rivals build custom chips. This isn’t just another earnings report—it’s a seismic shift in market confidence.

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