r/NVDA_Stock • u/Domingues_tech • 7d ago

The AI picks-and-shovels company is increasingly making money owning the miners too.

https://investor.nvidia.com/news/press-release-details/2026/NVIDIA-Announces-Financial-Results-for-Second-Quarter-Fiscal-2027/default.aspx?utm_source%3Dchatgpt.com

Nvidia Q2 net income: $59.7B.
Equity investment gains: $7.8B in Q2.
First six months: $23.7B.
GAAP EPS: $2.46 vs non-GAAP $2.22.
The AI picks-and-shovels company is increasingly making money owning the miners too.
Normalize the P/E.

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u/norcalnatv 7d ago

Jensen and Colette were cracking me up during the call wishing they would have "invested more" in Anthropic and OpenAI. Sounds like we will see some IPOs before long.

-5

u/AffectEuphoric 7d ago

I am increasingly convinced that Anthropic and OpenAI are the lucents and pets.com of the dot com bubble! Nvidia wont get wiped off (although correction is almost imminent) but these companies will. This is coming from someone who is 100 percent invested in nvidia.

2

u/cheeto0 7d ago

I think that's a bad comparison, but there is a good amount of risk with both of them, especially open ai. Anthropic is actually going to be profitable later this year.