▲ Nvidia
Global AI bellwether Nvidia has reported earnings that exceeded market expectations, which is expected to have a positive impact on AI and semiconductor stock prices.
Securities market experts diagnosed that investor sentiment toward major domestic semiconductor stocks, such as Samsung Electronics and SK Hynix, is highly likely to revive following this earnings announcement.
In a filing on the 27th local time, Nvidia announced that its revenue for the second quarter of fiscal 2027 increased by 106% year-on-year to reach $96.22 billion.
This figure surpasses the average market consensus of $92.27 billion.
Data center revenue exceeded expectations at $89 billion, and earnings per share surged 119.8% to $2.22, significantly outperforming projections.
Nvidia projected that the strong earnings trend will continue, with its annual revenue growth rate for fiscal 2028 reaching 70%, surpassing the market consensus of 44.8%.
CEO Jensen Huang said, "AI has reached an inflection point," adding, "Tokens are productive and profitable, and now computation has become revenue."
Nvidia, which closed weak in the New York stock market overnight, rose more than 4% in after-hours trading, while major semiconductor stocks also showed strength.
Seo Sang-young, a managing director at Mirae Asset Securities, emphasized, "The projected 70% revenue growth rate is not based on actual customer demand, but rather calculated on the premise of currently secured supply," and added, "If additional supply is secured, the growth rate could rise even higher."
Han Ji-young, a researcher at Kiwoom Securities, explained, "As this Nvidia earnings report has increased the visibility of demand for memory such as high-bandwidth memory and DRAM, semiconductor investment sentiment, which had been high with anxiety for some time, is expected to enter a recovery phase."
However, opinions also emerged that the earnings results should not be viewed solely in a positive light.
Heo Jae-hwan, a researcher at Eugene Investment & Securities, pointed out, "Nvidia's gross profit margin is slowing down, and next year's revenue growth rate may also fall compared to the average of the past four quarters."
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