Jensen Huang: "demand has gone parabolic"

After the closing bell on August 26, NVIDIA is set to release results for its fiscal second quarter, a report framed by CEO Jensen Huang’s earlier description of customer demand as soaring. On the company’s last earnings call, Huang tied that surge to increasing use of autonomous AI agents. The comment matters because NVIDIA has beaten Wall Street’s earnings and revenue forecasts in five consecutive quarters, yet its shares have declined after four of those announcements, with investors focused on whether guidance exceeds the elevated expectations already priced into the stock. Analysts also flag concerns about AI data-center spending durability, the product transition from Blackwell to Rubin, and custom chips from companies including OpenAI. The report is being watched especially closely given NVIDIA’s roughly $5.16 trillion market value.