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Nvidia Stock Dips Despite Strong Q2 Growth and Outlook
TaiwanPlus News
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3 months ago
AI chip giant Nvidia has released its latest financial results, reporting revenue of US$46.7 billion for the second quarter — a 56% increase from the same period last year, driven by strong AI demand.
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Meanwhile, NVIDIA has announced revenue of nearly $47 billion U.S. for the second quarter,
00:05
a 56% increase from the same period last year, driven by strong AI demand.
00:11
NVIDIA expects $54 billion in sales this quarter, and while the figures are above
00:16
analysts' estimates, its stock dipped in after-hours trading amid concerns over China's
00:20
outlook and U.S.-China tensions. CEO Jensen Huang said the company may bring its Blackwell
00:26
chips to China and urge the U.S. to ease export restrictions.
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