Nvidia Q2 FY2027 earnings: AI boom rolls on, but new questions emerge

Nvidia posted record Q2 fiscal 2027 revenue of $96.2 billion, beating Wall Street estimates of about $92.3 billion, with adjusted EPS of $2.22 ahead of the $2.09 expected. Data Centre revenue came in at roughly $89 billion, up 117% year-on-year, while Q3 guidance of about $105.8 to $110.1 billion came in well above analyst expectations. Despite margin pressure from rising memory costs and ongoing debate around circular financing, the results underscore sustained strength in global AI infrastructure spending.