Nvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth for FY28. The guidance topped analyst expectations, while strong AI demand continued to drive optimism despite memory shortages and margin pressures.

Nvidia's fiscal Q2 2027 earnings arrive August 26, with Wall Street expecting $92B in revenue amid surging memory costs and parabolic AI demand.

Nvidia’s latest quarterly results once again blew past Wall Street’s expectations as revenue for the computer chip company’s high-end artificial intelligence chips soared, the…