Nvidia reported $96.2 billion in second-quarter revenue for fiscal 2027, a 106% year-over-year increase and roughly $4 billion above analyst expectations. The chipmaker projected approximately 70% revenue growth for fiscal 2028, nearly doubling the 45% consensus estimate. Its data center business generated $89 billion in revenue during the quarter, a 117% year-over-year increase. Shares climbed between 6% and 7.4% in premarket trading, with at least 10 brokerages raising their price targets afterward, including Goldman Sachs to $300 and Citigroup to $315.
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