NVIDIA reported a remarkable doubling of its Q2 2026 earnings compared to the same period last year, significantly outperforming market expectations. For the first time, the company provided guidance for FY2028, forecasting revenue growth of approximately 70%—a figure that far surpasses analyst projections. In reaction to this positive news, A-share memory stocks rallied collectively, with numerous stocks experiencing notable gains. NVIDIA’s data center business revenue soared by 117% year-on-year, and the company revealed plans to expand its strategic partnership with Amazon, aiming to meet the surging global demand for AI infrastructure. Concurrently, the memory chip industry is undergoing a period of extraordinary growth, characterized by robust performance across several memory companies, a tight balance between market supply and demand, and increases in both sales volume and prices.