The AI Daily Brief · Friday, August 28, 2026
Nvidia reported strong Q2 earnings with revenue growth of 106%, reaching $96.2 billion. Despite flagging a slight slowdown to 89.5% growth for Q3 and acknowledging extended payment terms from major customers, the company's robust sales numbers and announcement of re-entry into the Chinese market drove its stock up by 4.8%.
“Revenue growth accelerated to 106% over the past year, 21 points higher than their growth rate at the end of Q1.”
“Quarterly sales for the quarter came in at $96.2 billion, tantalizingly close to the $100 billion dollar a quarter milestone that only five other companies have achieved.”
“The earnings were enough to drive investors back to Nvidia, sending the stock up by 4.8% in after hours trading.”