Nvidia Corporation delivered a strong Q2 '27, with revenue of $96.22 billion and EPS of $2.22, both beating consensus estimates. NVDA management guided to 70% FY28 revenue growth, citing supply constraints versus 100% underlying demand, but flagged margin pressures from soaring memory costs. Gross margin is expected to bottom at 71-72% in 4Q before recovering to 72%-73% in FY28, with memory pricing a key risk.
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