Fast Money Blog- 8/28/26

Without a doubt, Wall Street’s biggest highlight this week was the earnings release from NVIDIA Corporation (NVDA).

The U.S. tech giant released massive Q2 2027 results with record quarterly revenue of $96.2 billion, up 106% year-over-year. 

Moreover, Nvidia’s net income in the quarter more than doubled to $53.95 billion.

Here’s More of What You Need To Know About NVIDIA Earnings

Nvidia reported second-quarter data center revenue of $89 billion, an annual increase of 117%.

The company now gets 92% of its sales from its data center unit, which includes revenue from its market-leading AI chips.

But what is even better news for Nvidia is that Nvidia's non-hyperscale customer segments are expanding rapidly, now making up 45% ($40.31 billion) of its record $89.02 billion fiscal second-quarter data center. 

Looking ahead, the company expects Q3 Revenue to be around $108.0 billion, and they forecast 70% revenue growth for fiscal year 2028.

From a fundamental perspective, these numbers are phenomenal. 

That said, I would not recommend holding more than 10% of NVDA stock in your portfolio as a long-term investment. Personally, I think NVDA makes a better trade than a hold. 



Stay patient as we should start to see our favorite stocks start to gain steam after September 11th.

Tyrone Jackson

The Wealthy Investor