Nvidia Q2 results

Nvidia posted strong Q2 results, with revenue at $46.7 billion, marking a 6% sequential and 56% annual rise, led by growth in its Data Center business.

The company forecast around $54 billion for Q3 and returned significant value to shareholders.

However, its shares fell in after-hours trade on concerns over AI chip spending, China exposure, and a revenue shortfall in one key segment, with no H20 sales recorded in China during the quarter.