NVIDIA Earnings Quell AI Bubble Fears, Lift Taiwan Tech ETFs

NVIDIA’s results are widely treated as a gauge of whether hyperscalers and enterprises remain committed to the costly buildout of AI infrastructure. Investors had questioned whether heavy capital spending, customer financing and chip purchases were creating a self-reinforcing bubble. The latest figures indicate that demand for Blackwell-based computing capacity remains robust, strengthening the investment case for AI hardware, cloud services and high-speed optical networking suppliers.

NVIDIA said on Aug. 26 that revenue for its fiscal second quarter ended July 26 reached $96.2 billion, up 106% from a year earlier, while Data Center revenue rose 117% to $89 billion. The company guided to third-quarter revenue of about $108 billion and projected roughly 70% growth in fiscal 2028. The results lifted NVIDIA-linked funds in Taiwan on Aug. 27: Yuanta Nasdaq Select ETF (009820), whose NVIDIA weighting was 15.02%, led peers with a 9.4% gain since the market rebound began on July 30.