Nvidia reported results on Aug. 27 showing fiscal 2027 second-quarter revenue of $96.2 billion, up 106% year over year, with data center revenue reaching $89.0 billion, up 117%. The company also issued Q3 revenue guidance of $108 billion and said fiscal 2028 revenue is expected to grow by about 70%.
WEEX TradFi data showed a rally across AI hardware stocks after the release. Lumentum (LITE) gained 10.16% over 24 hours, Arm (ARM) rose 8.19%, and Western Digital (WDC) added 7.82%.
WEEX Labs said the latest move was driven by an "AI inflection point + strong growth guidance" and noted that capital is rotating from GPU-related names toward optical interconnect and storage. It added that the near-term focus remains on guidance repricing, while warning of pullback volatility once expectations are fully priced in.
ChainCatcher reported on Aug. 27 that Nvidia posted fiscal 2027 second-quarter revenue of $96.2 billion, up 106% from a year earlier. Data center revenue came in at $89.0 billion, marking a 117% year-over-year increase.
The company set Q3 revenue guidance at $108 billion and said it expects fiscal 2028 revenue to grow by about 70%.
WEEX TradFi data showed AI hardware stocks moving higher after the earnings release. Lumentum (LITE) rose 10.16% over 24 hours, Arm (ARM) gained 8.19%, and Western Digital (WDC) climbed 7.82%.
WEEX Labs said the rally was driven by an "AI inflection point + strong growth guidance" and that capital is spreading from GPU names into optical interconnect and storage. It also said the near-term trade is still centered on guidance repricing, while cautioning that volatility could follow once expectations are met.
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