Nvidia reported fiscal Q2 2027 revenue of $96.2 billion, beating Wall Street consensus by over $4 billion and nearly doubling its year-ago result. The stock surged 8% to 10% on the day, pushing its market capitalization back above $5.5 trillion. The data-center segment generated $89 billion in revenue, a 117% year-over-year increase. Nvidia projected fiscal 2028 revenue growth of approximately 70%, well above prior consensus estimates of 40% to 52%. These results lifted the broader Nasdaq, which gained roughly 1.3% to 1.4% on August 27.
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