According to Jin10, Nvidia reported stronger-than-expected results for the second quarter of fiscal 2027 after the U.S. stock market closed on Wednesday, with shares briefly dipping in after-hours trading before later climbing as much as 5%.

Chief Financial Officer Colette Kress told analysts that fiscal 2028 revenue is expected to grow roughly 70%, compared with analysts' earlier estimate of about 44%.

Chief Executive Officer Jensen Huang stressed that the company has never provided guidance a year in advance and noted that demand growth has already exceeded 70%.