$NVDA reports Wednesday after close. Fiscal Q2 FY2027.
The bar isn't normal anymore. The market already prices in an AI infrastructure boom that's working absurdly well. A company doing ~$92B quarterly revenue and nearly doubling earnings is just table stakes now.
The real question isn't the Q2 beat. It's whether the Q3 guide, gross margin path, Blackwell/Rubin demand, and China exposure can justify another upward revision cycle.
We're past "good enough." The market wants proof this thing still has room to run.
The bar isn't normal anymore. The market already prices in an AI infrastructure boom that's working absurdly well. A company doing ~$92B quarterly revenue and nearly doubling earnings is just table stakes now.
The real question isn't the Q2 beat. It's whether the Q3 guide, gross margin path, Blackwell/Rubin demand, and China exposure can justify another upward revision cycle.
We're past "good enough." The market wants proof this thing still has room to run.