Nvidia Surpasses Earnings Expectations Amid Mixed Sales and Market Reactions

1 min read
Source: Fortune
Nvidia Surpasses Earnings Expectations Amid Mixed Sales and Market Reactions
Photo: Fortune
TL;DR Summary

Nvidia's Q2 earnings slightly beat expectations with $46.74 billion in revenue, but shares fell 4% due to the absence of H20 chip sales to China amid ongoing trade restrictions. The company highlighted strong demand for AI infrastructure, especially for its upcoming Blackwell chips, and called for US regulatory approval to sell more advanced products to China. Despite geopolitical hurdles, Nvidia's datacenter revenue and margins are growing, and the company remains optimistic about future opportunities.

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