Nvidia Earnings Preview: Q2 Revenue Expected to Nearly Double to $92.17 Billion, Market Focuses on AI Chip Demand and Supply Chain Pressures

Odaily News Nvidia is set to release its fiscal 2026 second-quarter earnings after the US market close. According to analyst estimates compiled by LSEG, the company's quarterly earnings per share are expected to be $2.10, with revenue projected to reach $92.17 billion.

The market expects Nvidia's revenue to grow nearly double from $46.7 billion in the same period last year, continuing the rapid growth driven by the wave of artificial intelligence infrastructure investment. As a core supplier of AI computing power, Nvidia's GPUs are widely used to train and run advanced AI models, while the company also participates in promoting the construction of next-generation AI data centers through financing support and other means.

However, after nearly three years of substantial gains, investors have become more cautious in their expectations for Nvidia. As of Tuesday's close, Nvidia's stock has risen approximately 14% year-to-date, slightly outperforming the Nasdaq index. Market concerns include competitive pressure from rivals such as AMD and Google, as well as rising costs caused by the global shortage of memory chips.

Currently, Nvidia is in a new product cycle, with its latest Vera Rubin AI system already being delivered to customers including Microsoft and OpenAI. Investors will focus on sales progress of the Rubin and Blackwell series chips, supply conditions, as well as the company's future outlook for AI computing power demand.

Nvidia CEO Jensen Huang has previously stated that he expects the current product cycle based on the Blackwell and Vera Rubin architectures to generate cumulative sales of $1 trillion by 2027. The company will hold its earnings conference call at 5 PM Eastern Time. (CNBC)