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Nvidia Stock Dips Post-Earnings Despite Strong AI-Driven Performance
Nvidia Stock Dips Post-Earnings Despite Strong AI-Driven Performance
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BTCCSquare news:
Nvidia shares fell 3% in after-hours trading despite surpassing Wall Street's Q2 expectations. The chipmaker reported $46.7 billion in revenue—a 56% annual increase—driven by soaring demand for its AI computing platforms and Blackwell architecture rollout. Adjusted EPS of $1.04 beat consensus estimates by $0.03.
Data Center revenue surged 56% to $41.1 billion, powered by adoption of Blackwell Ultra chips among cloud providers. Gaming segment revenue jumped 49% year-over-year, though markets reacted coolly to the otherwise bullish report.
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