Nvidia and Meta report surging demand in AI and digital advertising, driving revenue growth and analyst upgrades.
Nvidia reported an 85% year-over-year revenue surge to $82 billion in its fiscal 2027 first quarter, with guidance projecting $91 billion for Q2. The company’s dominance in AI hardware, including upcoming Vera Rubin platforms, fuels expectations of 82% annual revenue growth to $392 billion and EPS of $8.98.
Analysts highlight Nvidia’s edge in integrated computing platforms, despite competition from custom chips by Alphabet and Amazon. Data center revenue rose 92% year-over-year, underscoring strong demand for networking and Blackwell systems.
Meta Platforms also benefits from robust digital advertising trends, though specific figures were not detailed. Both stocks are viewed as undervalued relative to their growth prospects.