{"data":{"id":"sw_33cbbc6ead5094ec7602","slug":"nvidia-s-96-2b-quarter-and-70-growth-outlook-spark-broad-ai-stock-rally","title":"Nvidia's $96.2B Quarter and 70% Growth Outlook Spark Broad AI Stock Rally","subheadline":"Nvidia's record revenue and guidance for next year lifted shares across the AI sector, from Salesforce to Broadcom to Intel.","summary":"Nvidia posted $96.2B in quarterly revenue and guided to roughly 70% sales growth next year, sending its stock up sharply and lifting Salesforce, Palo Alto Networks, ServiceNow, Broadcom and Intel in a broad AI-related rally.","body":"Nvidia shares jumped 8.7% on Thursday after the chipmaker reported quarterly revenue of $96.2 billion and guided toward roughly 70% sales growth for the coming year, according to figures cited by Yahoo Finance. The stock, which was trading at 227.98 as of 11:17 UTC with a gain of 18.32 points on the session, has climbed nearly 20% over the past week and more than 26% over the past month, based on data reviewed on AlternativeMarkets.AI, a Madison Labs research site, where the move first stood out.\n\nThe scale of the beat is what caught the market's attention. Nvidia's outlook implies revenue expectations near $108 billion for the coming quarter, a figure reported by Yahoo Finance following the earnings release. On a call with investors, Nvidia's chief financial officer also pushed back directly on speculation that the company's revenue growth is being propped up by circular financing arrangements with customers, a rumor that had circulated in the market ahead of the print, according to reporting cited by Yahoo Finance.\n\nFor investors, the results matter less as a one-company story and more as a read on whether the broader artificial intelligence infrastructure buildout still has room to run. Bloomberg Markets and Finance framed the report as landing \"against a backdrop of nervous investors, watching eagerly to see if the AI trade was\" still intact, and Nvidia's numbers appear to have answered that question in the affirmative for many market participants on Thursday. Fox Business host Charles Payne described the reaction on air as putting \"the crowd on its feet,\" a characterization that reflects the enthusiasm visible in Thursday's trading rather than a statement of market fact.\n\nThe rally extended well beyond Nvidia itself. Salesforce shares rose 22.6%, Palo Alto Networks gained 12.8%, and ServiceNow advanced 10.0% on the day, according to market data reviewed alongside Nvidia's report. Adobe added 5.7%, Palantir climbed 4.7%, Broadcom rose 4.5%, and Intel gained 4.4%. The breadth of the move (spanning chipmakers, cybersecurity, enterprise software and cloud platforms) suggests that traders are treating Nvidia's results as a proxy for demand across the AI supply chain rather than as an isolated data point, though that interpretation reflects market behavior on a single trading day and is not a guarantee of how sentiment will hold going forward.\n\nNvidia's dominant position in AI-accelerator chips has made its quarterly results a widely watched signal for the sector since the current wave of generative-AI investment began. The company has repeatedly posted outsized revenue growth over the past two years as hyperscale cloud providers and enterprises have expanded spending on data-center infrastructure. CNBC International TV also reported that Nvidia is expanding support for Chinese open AI models even as it flags the possibility of new export restrictions, a dynamic that adds a geopolitical dimension to the company's growth trajectory alongside its core financial results.\n\nThe reaction was not confined to U.S. markets. Invezz reported that Asian equities diverged on Friday, with Japan's Nikkei 225 catching what the outlet described as Nvidia's \"tailwind\" and rising on the back of the outlook, while South Korea's KOSPI fell despite the broader AI optimism: an illustration that the earnings ripple effect has not been uniform across global tech-heavy indexes.\n\nBeyond equities, broader market conditions on the day were mixed. Bitcoin traded near $79,381, down slightly on the day, while Ethereum sat around $2,496, also modestly lower. Solana was among the notable gainers in digital assets, up 1.8%, alongside smaller moves across other tokens, underscoring that risk appetite in crypto markets was not moving in lockstep with the enthusiasm seen in AI-linked equities on Thursday.\n\nLooking ahead, investors are likely to watch whether Nvidia's 70% growth guidance for the coming year, as reported by Yahoo Finance, holds up against actual capital-expenditure commitments from major cloud providers in subsequent quarters. Attention is also expected to remain on the CFO's comments addressing circular-financing concerns, as well as on how export-policy developments related to China evolve given Nvidia's stated efforts to support Chinese open AI models. Whether the rally across Salesforce, Palo Alto Networks, ServiceNow, Broadcom and Intel proves durable or reflects a short-term reaction to a single earnings report is a question market participants will continue to weigh as trading resumes in the sessions ahead.","source":{"name":"AlternativeMarkets.AI","slug":"alternativemarkets-ai"},"category":"Stocks","article_type":"News","license":"Free to republish, in full or in part, with attribution to SourceWire and a link to the original article. No fees, registration, or permission required.","quality_score":86,"human_reviewed":false,"original_url":"https://alternativemarkets.ai/share/NVDA","featured_image":null,"published_at":"2026-08-28T11:33:15.987242+00:00","updated_at":"2026-08-28T11:33:15.987242+00:00","is_demo":false,"attribution":"Via SourceWire. Discovered via AlternativeMarkets.AI.","attribution_html":"Via SourceWire. Discovered via AlternativeMarkets.AI."},"meta":{"demo_data":false}}