Nvidia adds more than $400 billion in value after blowout earnings boost AI confidence
- ID
- 18512
- Status
- summarized
- Published
- 28 Aug 2026, 4:47 AM
- Fetched
- 28 Aug 2026, 5:02 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/08/27/nvidia-nvda-q2-earnings.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 4.5
- Created
- 28 Aug 2026, 5:03 AM
- Tags
- Audience
- ai_ml_learnerssaas_founders
What happened
Nvidia shares rose 7.4% in premarket trading after Q2 earnings beat estimates, with CFO Colette Kress guiding 70% revenue growth for fiscal 2028 (Feb 2027–Jan 2028). Jensen Huang said demand 'is much greater than 70%' but supply is constrained by TSMC manufacturing limits and memory chip shortages. Neocloud firms Nebius and CoreWeave rose 7.5% and 6% respectively on the news.
Why it matters
GPU supply will remain tight through at least early 2028 — if you are budgeting for GPU cloud spend or planning cluster-dependent AI workloads, assume constrained availability and high prices persist rather than expecting relief next year. The neocloud stock movement confirms GPU cloud providers are still riding demand, so locking in capacity contracts early remains the pragmatic move.
Discussion angle
What does continued GPU scarcity through 2028 mean for Malaysian startups choosing between API-based AI (OpenAI, Anthropic) vs. self-hosted open models — does the supply constraint push more builders toward API dependency?