CrowdStrike reported results for the second quarter of fiscal 2027, the period ended July 31, 2026, with revenue of $1.47 billion, up 26% from a year earlier and ahead of the $1.44 billion market expectation cited in the report. Adjusted earnings per share came in at $0.31, topping the analyst estimate of $0.29. The company also returned to profitability on a GAAP basis, posting net income of $5.3 million versus a net loss of $70.2 million in the same quarter last year. A key operating metric also hit a new high. Annual recurring revenue, or ARR, rose 25% year over year to $5.84 billion, while net new ARR reached a record $333 million. The report said this reflected both deeper adoption by existing customers and new customer wins. Cash generation stayed strong as well, with operating cash flow at $530 million, up 59% from a year earlier, and free cash flow at $377 million, for a 26% free cash flow margin. Based on the quarter, management raised its outlook for the full fiscal year. CrowdStrike now expects revenue of $5.991 billion to $6.011 billion and forecast full-year net new ARR growth of 34%. It also lifted its full-year non-GAAP EPS outlook to $1.25 to $1.26. The report added that CRWD shares rose more than 10% after the earnings release.

NVIDIA reported results for the second quarter of fiscal 2027 that came in above Wall Street expectations, with revenue reaching $96.2 billion and data center revenue climbing to $89 billion. Total revenue rose 106% from a year earlier, while the data center segment grew 117% year over year and 18% from the prior quarter. Non-GAAP earnings per share came in at $2.22, and both GAAP and non-GAAP gross margin were 75%. The company said third-quarter revenue is expected to be about $108 billion, plus or minus 2%, with gross margin around 74%. NVIDIA also said Blackwell Ultra has become a key driver of revenue growth. CEO Jensen Huang said AI has reached an inflection point and is turning into profitable computing demand, while hyperscalers continue to invest in next-generation hardware. The earnings release also showed data center networking revenue rising 138% year over year. NVIDIA returned $26 billion to shareholders during the quarter through stock buybacks and cash dividends, and it still has $99 billion remaining under its repurchase authorization. According to the report, supply commitments climbed to $279 billion. After the results, NVDA rose more than 4% in after-hours trading and was quoted at $219.4 at the time of writing.

Bitget UEX’s latest market note tracked a cross-asset session shaped by hotter-than-expected U.S. inflation data, Nvidia’s earnings, and continued interest in Bitcoin as a hedge against fiscal concerns. U.S. July PCE came in at 3.7% year over year and 0.2% month over month, both above market expectations, keeping attention on the Jackson Hole conference and Federal Reserve Chair Warsh’s upcoming speech. U.S. equities were little changed to lower before Nvidia’s results, while storage, optical communications, and cybersecurity names outperformed. Nvidia later reported fiscal 2027 second-quarter revenue of $96.2 billion, up 106%, adjusted EPS of $2.22, and data center revenue of $89 billion, up 117%, then said fiscal 2028 revenue could grow about 70%, sending the stock up more than 4% in after-hours trading. In crypto, BTC traded around $78,785 and ETH near $2,494, with total market capitalization at $2.74 trillion. Spot ETF flows remained positive, and the report also highlighted comments from BlackRock’s Robbie Mitchnick, Bloomberg’s data on gold and Bitcoin ETF inflows, Bernstein’s $300,000 Bitcoin target by the end of 2029, and CoinDesk’s update that Ripple stablecoin RLUSD has surpassed a $2 billion market cap.

Nvidia is set to report fiscal 2027 second-quarter results after the U.S. market closes on Wednesday, with Wall Street expecting roughly $92 billion in revenue, adjusted EPS of $2.09, and about $85.4 billion from data center sales. The central question is no longer whether the company can beat consensus, but whether management can answer tougher issues tied to the next leg of the AI trade. Broker views remain broadly constructive on the quarter itself. Jefferies sees revenue at $95 billion and October-quarter guidance at $108 billion, while Citi raised its estimates and kept a $300 target. Morgan Stanley is more conservative on near-term numbers but still argues valuation is not stretched on its FY28 framework. Even so, firms including Goldman Sachs say a simple beat-and-raise may not be enough after Nvidia shares climbed more than 12% in August. Investors are focused on four areas beyond headline earnings: how fast the Rubin platform can scale after Blackwell, whether increasingly complex customer financing structures are creating balance-sheet risk, whether gross margin assumptions remain realistic as memory and packaging costs rise, and how power availability may slow data center buildouts. Options markets also reflect a more restrained setup, with implied earnings volatility near 5.4%, the lowest since August 2021 and below the 12-quarter average of 7.4%.

Ajinomoto, the dominant supplier of ABF film used in advanced IC substrates, has told customers it will shift to differentiated allocation because of raw material shortages, prioritizing AI and other high-end applications. A channel survey cited by Meritz Securities said the company’s ABF film lines are expected to be fully loaded through the second quarter of 2026, with little near-term relief from new capacity. The move matters because ABF film is a key insulating layer in FC-BGA packaging for CPUs, GPUs and AI accelerators. While it accounts for only a small part of substrate cost, supply disruptions can halt production lines. The report said Ajinomoto has maintained more than 95% global market share in the segment. The supply squeeze is already showing up in lead times and pricing. Lead times have stretched from three to four months at the start of the year to more than 12 months, and some customers are already discussing 2029 capacity. The article pointed to rising demand from larger AI chips, including NVIDIA’s next-generation Rubin GPU, and expanding CoWoS packaging capacity at TSMC. According to the report, Taiwan’s Unimicron, Nan Ya PCB and Kinsus could benefit first because they already have high-end production scale, yield performance and customer qualifications. At the same time, non-AI customers are likely to face reduced allocation, longer waits and higher costs, while glass substrates are not expected to become a volume replacement before 2027.

JPMorgan released its fiscal Q2 2027 preview for Nvidia on August 24, reiterating an Overweight rating with a $280 price target. The bank expects July-quarter revenue of $94–95 billion and October-quarter guidance of $107–108 billion, roughly 3% above the Street consensus of $104.5 billion. Yet with the stock averaging a 3% decline in the seven days following each of the past four guidance beats, JPMorgan argues that numbers alone no longer move the stock. The real catalysts hinge on management's responses to four structural questions: competition from AI ASICs, China H200 shipments, HBM supply constraints, and AI infrastructure spending durability.

Nvidia is scheduled to release its fiscal 2027 second-quarter results after the U.S. stock market closes on Wednesday, with a conference call set for 5 p.m. Eastern Time, or 5 a.m. Beijing time on Thursday, according to BlockBeats. The report has drawn close market attention because Nvidia has repeatedly cleared both earnings expectations and its own guidance in recent quarters. As of fiscal 2027 first-quarter results, which were released on May 20, 2026, Nvidia had beaten consensus expectations for revenue and adjusted earnings per share for 13 straight quarters. Over the same span, actual revenue also topped the midpoint of the company’s own prior-quarter revenue guidance for 13 consecutive quarters. That streak is now a central point of focus ahead of the new release. Wall Street consensus currently points to roughly $92.18 billion in quarterly revenue, up about 97% year over year, and adjusted non-GAAP EPS of about $2.09, up about 99%. Nvidia’s own earlier guidance called for revenue of around $91 billion, implying growth of about 95%. Investors will be watching data center performance, Blackwell product shipments and demand, gross margin, next-quarter guidance, and any update on sales in China.

JPMorgan said in an Aug. 24 preview note on Marvell Technology that it now expects the company to deliver CY28 earnings per share of $11, compared with the market consensus of $9.64. The bank reiterated its Overweight rating and kept a $240 price target, arguing that Marvell’s data center growth setup has improved over the past 90 days rather than weakened. The note pointed to several customer programs now taking shape at the same time: Google’s custom chip partnership, the ramp of Amazon Web Services’ Trainium 3, and a strong order book tied to Microsoft Maia XPU. JPMorgan said the market has yet to fully price in Marvell’s end-to-end exposure across optical DSP, XPU ASIC and switching silicon. For Marvell’s fiscal 2027 second quarter, the bank expects results to come in roughly in line with or slightly ahead of expectations. It also sees fiscal third-quarter revenue guidance landing near $3.1 billion, above the $3.028 billion consensus, with data center revenue growing faster than the company average. JPMorgan added that Marvell’s current 55% year-over-year data center growth outlook for calendar 2027 looks conservative in its view.