Nvidia Shares Surge Nearly 6% in Pre-Market Trading

Nvidia shares rose nearly 6% in pre-market trading on August 27. The company reported Q2 fiscal year 2027 revenue of $96.2 billion, a 106% year-over-year increase, with adjusted earnings per share of $2.22, up 120%. During the earnings call, the CFO projected a 70% revenue growth for fiscal year 2028, significantly exceeding the market estimate of 45%. CEO Jensen Huang noted that the company had never previously provided performance guidance a year in advance.