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Nvidia reports strong Q2 revenue and projects major AI platform gains, with 38% stock upside potential.

Company Fundamentals
18 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Nvidia reported strong fiscal Q2 earnings driven by high demand from hyperscalers and increased pricing for its Hopper cloud services. The company plans to ship its Vera Rubin AI platform starting fiscal Q3 2027, which could offer up to 35 times higher inference throughput compared to its previous Blackwell platform. Historical trends suggest short-term profit-taking after earnings, presenting buying opportunities for long-term investors focused on AI growth. Analysts project a price target of $310 for Nvidia stock, implying a 38% upside from current levels based on 2028 earnings estimates.

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