Snowflake's AI Data Cloud Expands: Is Growth Thesis Strengthening?

Key Takeaways Snowflake's Q2 product revenue rose 32% to $1.09B, driven by AI Data Cloud adoption.Nearly 50% of new customers cited AI as a reason to choose Snowflake's platform.Snowflake added 250 new capabilities in H1 FY2026, boosting AI-driven data insights.Snowflake (SNOW) is benefiting from its strong focus on the AI Data Cloud, which is rapidly becoming a key catalyst of its growth thesis. This is also driving strong customer adoption and revenue growth.In the second quarter of fiscal 2026, Snowflake ...