Nvidia (NVDA) will release its fiscal Q2 earnings on August 26, 2026. Analysts expect revenue to nearly double year-over-year to about $91.5 billion to $92 billion, with earnings per share around $2.07 to $2.08. The AI boom continues to benefit Nvidia, bolstered by Elon Musk’s endorsement and a strategic partnership with six Wall Street giants—Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR—to mobilize over $500 billion for AI infrastructure. However, risks include a memory chip shortage, US-Iran tensions, and skepticism from Michael Burry, who has shorted Nvidia stock.
Nvidia (NVDA) will report its fiscal second-quarter earnings on August 26, 2026. The world’s most valuable company has gained substantial benefits from the ongoing AI boom.
Wall Street analysts remain bullish, anticipating revenue of approximately $91.5 billion to $92 billion. Earnings per share are expected at about $2.07 to $2.08.
The bullish outlook is fueled by Nvidia’s dominance in AI infrastructure and chip manufacturing. Nvidia recently found endorsement from Elon Musk, who said during SpaceX’s earnings call that the newly public company will build exclusively on Nvidia chips.
Musk stated that Nvidia currently has the best hardware for AI computation. Nvidia also recently announced a strategic partnership with six major Wall Street firms: Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR.
The partnership aims to raise more than $500 billion in third-party capital for building AI infrastructure. BlackRock CEO Larry Fink stated that the partnership has brought the world’s largest asset manager closer to the world’s most valuable company.
Nvidia being backed by prominent financial names may increase investor interest. However, risks exist. Some analysts are skeptical about AI growth, notably Michael Burry, who famously predicted the 2008 financial crisis.
Burry has been public in his critique of the AI boom and has shorted major AI stocks, including Nvidia. Additionally, a memory chip shortage poses a concern for Nvidia, despite high demand for AI chips.
The war between the US and Iran could threaten supply chains and stock prices.
