US Stock Market Move | In the second quarter, the financial report exceeded expectations as NVIDIA Corporation (NVDA.US) opened significantly higher, up over 6%.

On Thursday, NVIDIA Corporation (NVDA.US) opened sharply higher, and as of the time of writing, its stock had increased by approximately 6.6%, with a market value of $5.38 trillion. In terms of news, NVIDIA Corporation released its financial report for the second quarter of fiscal year 2027, with quarterly revenue of $96.221 billion, a year-on-year increase of 106%; revenue from the data center business reached $89 billion, a year-on-year increase of 117%; and the adjusted earnings per share (EPS) under non-GAAP standards was $2.22, a year-on-year increase of 120%. During the subsequent conference call, NVIDIA Corporation provided revenue guidance for the first time in its history a year in advance. NVIDIA Corporation's Chief Financial Officer Colette Kress provided two key figures: first, the preliminary forecast for fiscal year 2028 indicates revenue will grow approximately 70% year-on-year; second, the gross margin is expected to decline from the current 75% to a low point of 71% to 72% by the fourth quarter of this year.