NVIDIA and Palantir Raise Guidance as AI Capability Growth Shows No Off Switch, With Revenues Doubling
NVIDIA reported revenue of $96.22 billion, up 105.8% year-over-year, with Data Center revenue growing 117%. The company guided Q3 revenue at $108 billion, plus or minus 2%. Palantir's revenue reached $1.94 billion, up 92.8%, with its U.S. commercial segment revenue surging 149%. Analysts note NVIDIA's forward P/E of 24 against 70% guided fiscal 2028 growth makes it a clearer play on the AI infrastructure buildout.
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