Nvidia Q2 Earnings Surpass Expectations Despite Data Center and China Challenges

1 min read
Source: Investing.com
TL;DR Summary

Nvidia reported strong Q2 earnings with revenue of $46.7 billion and a 56% increase in data center revenue, but shares fell 2% premarket due to concerns over restricted H20 chip sales to China amid geopolitical tensions. The company’s Q3 guidance exceeds estimates, yet the outlook for China remains uncertain, impacting future sales prospects. Despite challenges, Nvidia remains optimistic about long-term growth driven by AI demand and upcoming product launches.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

91%

74069 words

Want the full story? Read the original article

Read on Investing.com