Nvidia Reports Strong Q2 Earnings Amid AI Boom
Nvidia (NASDAQ: NVDA), currently valued at nearly $4.5 trillion, reported strong second-quarter earnings for fiscal 2026. The company achieved an adjusted earnings per share of $1.05 and revenue of $46.74 billion, both exceeding Wall Street expectations. However, a slight miss in revenue estimates for its data center division has drawn mixed responses from investors, despite reaffirming a robust demand for AI infrastructure.
Over the past decade, Nvidia’s stock has surged approximately 33,280%, illustrating vast returns for early investors. To put this in perspective, a $10,000 investment made ten years ago would be worth millions today. In comparison, a decade-long investment in the S&P 500 would yield about $33,400. As of now, Nvidia trades at around 41 times forward earnings, prompting debates about its valuation in the context of sustained growth in AI.
