Sourced evidence

NVIDIA Q2 FY2027 earnings call transcript

CFO Colette Kress: outlook is supply-constrained; supply expected to remain a bottleneck at least through end of FY2028; "extreme pricing conditions in memory"; production shipments of Vera Rubin commenced in August 2026 with POs from every major hyperscaler, AI cloud and system OEM, and Vera Rubin expected to be about 20% of Data Center revenue in Q3; Hopper 200 shipments to China under US licenses were less than 1% of Data Center revenue and dilutive to gross margin; no China Data Center compute revenue in the outlook; NVIDIA has invested nearly $50B in frontier AI labs; OpenAI commitments represent about 12 GW of NVIDIA compute; selective credit enhancement for nearly 2 GW for another frontier lab; Q2 returns $26B incl. $20B buybacks, 60% of FCF returned year to date. CEO Jensen Huang: entire supply chain is challenged; NVIDIA has supply for "about 70%" of demand; land, power and shell often two to three years out. Source extract: "we expect supply to remain a bottleneck at least through the end of fiscal year 2028."

Source

NVIDIA (investor relations, earnings call transcript)

Type

Company filing or release

Published

August 26, 2026

Confidence

90/100

Filed under

NVIDIA

This page has a permanent address — link to it from notes, articles or models. Not investment advice.