Izzy Zhang
@izzyzhang
· Aug 27
Why is Nvidia stock up after earnings?Nvidia shares are climbing because the chipmaker crushed estimates and guided to a massive $108 billion in revenue next quarter, proving AI demand is still accelerating.What happened: Nvidia reported fiscal second-quarter results after the bell on Wednesday, beating expectations and issuing a $108 billion revenue outlook for the current quarter. The news lifted S&P 500, Dow, and Nasdaq futures, even as the Fed's preferred inflation gauge showed core PCE prices rising 3.3% annually in July.Key numbers: $108 billion in guided Q3 revenue3.3% year-over-year core PCE inflation13.61 billion shares traded, the second-lowest volume of the yearWhy it matters: Nvidia is the market's biggest single catalyst, so a strong guide can drag the whole tape higher — but sticky inflation still looms as a counterweight.Bottom line: When Nvidia says $108 billion, the rest of the market just falls in line.
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