NVIDIA (NVDA.US) Q2 data center revenue hits the slowest growth in the surge of artificial intelligence. After-hours stock prices fell by up to 5%.
According to Zhichuan Finance APP, American chip giant NVIDIA (NVDA.US) released its financial report for the second quarter of the fiscal year 2026 ending in July on Wednesday. The company's revenue and earnings per share both exceeded market expectations, and it provided a strong guidance for the next quarter. However, investors seemed to expect more, as the stock price fell by 5% in after-hours trading after the financial report was released. Other chip stocks were also dragged down, with AMD dropping by 1.7% after hours and Broadcom (AVGO.US) falling by 1.3%. Nevertheless, NVIDIA's stock price has risen by about 35% since the beginning of this year, far surpassing the 12% increase of the Nasdaq index during the same period.
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