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Nvidia Stock Dips Amid China Uncertainty Despite Strong Earnings
Nvidia Stock Dips Amid China Uncertainty Despite Strong Earnings
20
3
BTCCSquare news:
Nvidia shares fell 3% in after-hours trading despite reporting robust fiscal Q2 2026 results, with revenue surging 56% year-over-year to $46.7 billion. The decline reflects lingering concerns over China's data center market, where geopolitical tensions continue to cloud the outlook for H20 AI chip sales.
Management confirmed $3-$5 billion in immediate China sales capacity but excluded these projections from Q3 guidance due to unresolved regulatory issues. The chipmaker nonetheless exceeded Wall Street estimates across both quarterly results and forward guidance, demonstrating the underlying strength of its AI technology leadership.
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