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28/08/2025
Market news: Artificial intelligence company Anthropic has established a National Security Advisory Committee to advise the government on the use of artificial intelligence technology.
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Nvidia's after-hours decline narrowed to 2% from a previous nearly 5% drop. The revenue for the second quarter of fiscal 2026 was $46.743 billion, a year-on-year increase of 56%; adjusted net profit was $25.783 billion, a year-on-year increase of 52%.
2 m ago
Nvidia stated in a statement on Wednesday that sales for the third fiscal quarter ending in October were approximately $54 billion. Although this is in line with the average expectations on Wall Street, some analysts had previously predicted that the figure would exceed $60 billion. The company's lukewarm outlook has heightened concerns about the sustainability of investments in artificial intelligence systems. Nvidia's stock fell by about 4% in after-hours trading after the news was announced. As of the close, Nvidia's stock price has risen by 35% this year, with a market value exceeding $400 billion.
2 m ago
Nvidia's financial report showing weakness sparks concerns over slowing growth in AI.
5 m ago
AMD's stock price followed Nvidia's lower after TSMC's earnings report.
5 m ago
AMD's stock price fell along with Nvidia's after TSMC's earnings.
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