Nvidia Stock Drops Following Disappointing Q2 Data Center Revenue

Reported about 9 hours ago

Nvidia's stock fell following their Q2 earnings report, which revealed adjusted earnings per share of $1.05 and revenue of $46.7 billion, slightly surpassing estimates. However, their data center revenue of $41.1 billion missed expectations of $41.29 billion. The company announced a projected Q3 revenue of $54.0 billion and a $60 billion stock buyback, but noted the absence of H20 sales to China in their forecasts, contributing to investor caution and early stock price declines.

Source: YAHOO

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