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Nvidia posts 106% revenue jump in Q2 FY27, driven by AI platforms and AWS partnership, stock remains attractively valued.

Company Fundamentals
29 Sep 2026
Seeking Alpha
View Source
Bullish
Nvidia posts 106% revenue jump in Q2 FY27, driven by AI platforms and AWS partnership, stock remains attractively valued.

Nvidia reported a strong Q2 FY27 with revenue soaring 105.9% year-over-year to $96.22 billion, surpassing expectations. Growth was fueled by the Blackwell and Vera Rubin AI platforms, expanding ACIE customer base, and a deepening partnership with AWS. Despite an 18% stock rise, Nvidia trades at a forward P/E of 24.59x, below its historical average, supporting a buy rating. Continued demand from hyperscalers and AI labs, along with margin expansion from pricing and operating leverage, suggest sustained growth through FY27 and beyond.

Nvidia shares have seen a slight dip of 0.46% on Pluang despite the strong quarterly results highlighted in the news. The stock trades at USD 227.80 with a market cap of $5.53 trillion as of Sep 30, 2026 04:52 WIB.

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