Nvidia

What I learned

Nvidia posted $96.2B in quarterly revenue, up 106% year over year

The Q2 fiscal 2027 numbers (quarter ended July 26, 2026) ran on Morningstar with GAAP EPS of $2.46, up 128%, and net income of $59.7B, all driven by the Blackwell Ultra infrastructure ramp. The official SEC CFO commentary filing confirms the exact breakdown: $96,221M revenue versus $81,615M in Q1 FY27 (up 18% sequentially) and $46,743M in Q2 FY26, with diluted EPS of $2.46. On the Q2 FY27 earnings call transcript, Bernstein's Stacy Rasgon pressed management on the 70% growth guide for fiscal 2028, getting into the weeds on per-generation productivity gains. @appreciationpending on Threads turned it into a chart: next quarter guided to $108B after last quarter's $91B guide turned into a $96.2B delivery, every number pulled from SEC filings.

Jensen Huang walked onstage holding the RTX Spark, "the new PC."

@romeaifest laid out the specs: a Blackwell GPU with 6,144 CUDA cores, a 20-core Grace CPU, up to 1 petaflop of AI compute and 128GB unified memory. The framing that caught fire came from hyperbolic.ai (435,641 views, 23,480 likes), who pointed out Huang hand-delivered those exact numbers to OpenAI in 2016 inside a DGX-1 box that took two people to carry upstairs, and noted this particular machine was built with Microsoft over four years. BWB - Business With Brian ran the same arc: $129,000 machine in 2016 to laptops starting just over two grand, and the RTX Spark units themselves are already listed for sale through the Microsoft Store alongside Best Buy. Now that reviews have actually dropped, the picture is more mixed than the launch hype suggested. Windows Central ran a week of benchmarks and found the RTX Spark performs roughly like an RTX 4070, calling it capable at 1440p with high settings but noting demanding titles need to lean on DLSS. Tom's Hardware tested the chip inside Microsoft's Surface Laptop Ultra and landed on the same verdict from a different angle: local AI inference impresses, but "gaming isn't its strong suit." PCMag found the RTX Spark nearly matched an RTX 5060 system at the resolutions tested, but neither cleared 60fps consistently, undercutting Nvidia's own marketing. A Windows Central roundup of embargo-day coverage found early impressions "largely positive" overall but flagged that reviewers were limited in what performance details they could share ahead of launch. One skeptical pre-review piece, tech-insider.org, had already called out Nvidia's own "100 fps" claim for omitting which games, DLSS mode, or ray-tracing settings were used, noting no independent reviewer had run it against titles like Cyberpunk 2077 before launch, a prediction the post-launch benchmarks mostly bore out.

"Multiple Reports Say Nvidia Manufactured the Gaming GPU Crisis by Forcing Big Tech to Stockpile Unused AI Hardware."

That headline detonated across Reddit - r/technology hit 21,211 upvotes, r/pcmasterrace 19,827, and r/Steam 7,397. The top comment, u/idkimhereforthememes (7,441 upvotes), nailed the mood: "Somehow Nvidia is never in the conversations of the big evil corporations ruining video games." A follow-up thread tying Elon Musk's "stranded compute" comments to the shortage pulled another 923 upvotes. Yahoo picked up the same allegation in a more measured write-up, noting that "online reports and community discussion have amplified a pointed allegation" but that the underlying claim, that Nvidia forced Big Tech to stockpile unused hardware, still needs more direct substantiation beyond the Reddit-driven amplification. Not every Nvidia-flavored subreddit is in revolt mode though: over on r/nvidia, the conversation that week was comparatively mundane, DLSS 5 modding getting simpler with RTX Remix 1.6, 341 points and 55 comments, with commenter bmsdebug weighing in on the modding workflow rather than the shortage discourse.

RTX Spark laptops landed at Best Buy with reviewers split on whether gaming even matters

robeytech (17,388 views) filmed the launch celebration in San Francisco, calling the Spark 30 years of Nvidia tech - CUDA, RTX cores, DLSS - on one platform. zachstechturf (2,528 likes) was blunter: "Reinvent something that you killed. Great." YouTube creator Arsh Goel (954 likes) pressed Huang on entering Apple Silicon's home turf and what "winning" looks like for Nvidia. The verdict from independent reviewers landed closer to the skeptics than the launch-day celebration: PCMag's deep-dive on the N1X graphics processor, the more advanced of the two chips in this first RTX Spark line, found it respectable but not a gaming-first machine, while a skeptical benchmark tracker, rtxsparkpc.com, cautioned that as of early October "we have not tested RTX Spark hardware ourselves" and that reported CPU scores "are not a retail-device verdict," underscoring how much of the early RTX Spark narrative ran ahead of controlled, repeatable testing.

Polymarket puts an 82% chance Nvidia's Q3 non-GAAP gross margin lands between 73% and 75%

The NVIDIA Q3 gross margin market is up 3% this week, and traders give an 87% chance Q3 data center revenue clears the first threshold on the data center revenue market. Meanwhile the DOJ-fines-Nvidia-over-Groq market jumped 20% this week to a 29% chance of Yes, and the year-end market cap market slipped 5%.

Jensen Huang: Nvidia GPUs could last 8 years, not 4, as "lowest risk" assets for lenders

At the GTC Berlin keynote, Huang framed Nvidia as "a full stack end to end complete AI factory platform" and said systems are "productive, fungible and durable" with useful lives extending eight years-plus per Yahoo Finance. @daniel_koss added the valuation tension: Samsung guided ~$80B operating profit trading at ~4x forward earnings, Nvidia's implied ~$71B at ~17x. The durability pitch matters because Strategy Asset Managers and similar lenders are precisely the audience Huang is courting when he insists these GPUs won't be obsolete scrap in three years.

TikTok's stock-commentary corner keeps churning out competing verdicts on whether the Nvidia Stock Is still a buy

@maritina posted "NVIDIA Stock Is CRASHING, Here's What's Really Going On" followed by a second clip titled "This Is BAD NEWS for NVIDIA Stock," both light on specifics but heavy on alarm framing. Other creators pushed back with upside takes, like @leesinvesting asking "What's the next Nvidia? What if it's still Nvidia?" tagged, naturally, "Not Financial Advice."