US EditionNvidia revenue jumped 56 percent last year, beats Wall Street expectations
Nvidia's data center revenue surged 56% to $41.1 billion despite US-China trade restrictions, with CEO Jensen Huang highlighting potential $50 billion AI chip sales in China.
- On Wednesday, Nvidia Corporation reported fiscal second-quarter revenue of $46.7 billion and adjusted earnings of $1.05 per share, yet shares fell roughly 3%–5% in after-hours trading and the board authorised a $60 billion buyback on August 26.
- Nvidia said it excluded H20 chips from current-quarter guidance, estimating $2 billion to $5 billion could ship to China if geopolitical issues ease, while recently agreeing to pay the U.S. government 15% of some China sales for export licenses.
- Financial details show data center division revenue reached $41.1 billion, gross margin 72.4%, net profit $26.4 billion, with share repurchases $9.7 billion and dividends $244 million.
- The company guided fiscal third-quarter revenue to $54 billion, plus or minus 2%, while options markets priced a ±6.7% move and traders flagged resistance near $183 and support around $170 to $174, with shares hitting an after-hours low of $172 on Wednesday.
- Blackwell's ramp remains central as Nvidia leads AI with durable hyperscaler demand; U.S. export licences enable a China-specific Blackwell chip, highlighting geopolitics' role in growth.
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Coverage Details
Total News Sources92
Leaning Left14Leaning Right7Center28Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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