Nvidia stock up 7.63% overnight after blockbuster earnings call: ‘I think the whole market was like, ‘Whoa, » analyst says

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Nvidia shares surged 7.63% in after-hours trading following a blockbuster earnings report that exceeded analyst expectations. In the second quarter ended July 26, revenue reached $96.2 billion, up 106% year-over-year and 18% sequentially, beating consensus estimates of $92.2 billion. The chipmaker also forecast 70% annual sales growth for fiscal 2028, well above the 44% expected by analysts. The company remains constrained by its supply chain and cannot fulfill 100% of demand.

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