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Nvidia Q2 earnings beat expectations on increased revenue
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Nvidia (NVDA) reported better-than-expected second quarter results after the market close on Wednesday. The chip giant reported adjusted earnings of $0.68 per share compared to the expected $0.64. Revenue was $30.0 billion versus an estimated $28.86 billion. Data center revenue was $26.3 billion. The estimate was $25.08 billion.
For Q3, Nvidia expects revenue of $32.5 billion plus or minus 2%. Wall Street was expecting $31.9 billion.
There has been much speculation about the production of Nvidia's Blackwell chips. The company says in the release that it "executed a change to the Blackwell GPU mask to improve production yield. Blackwell production ramp is scheduled to begin in the fourth quarter and continue into fiscal 2026."
Market Domination Overtime anchors Seana Smith and Josh Lipton are joined by Yahoo Finance Executive Editor Brian Sozzi to break down the tech giant's results.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
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#nvidia #q2earnings #yahoofinance
For Q3, Nvidia expects revenue of $32.5 billion plus or minus 2%. Wall Street was expecting $31.9 billion.
There has been much speculation about the production of Nvidia's Blackwell chips. The company says in the release that it "executed a change to the Blackwell GPU mask to improve production yield. Blackwell production ramp is scheduled to begin in the fourth quarter and continue into fiscal 2026."
Market Domination Overtime anchors Seana Smith and Josh Lipton are joined by Yahoo Finance Executive Editor Brian Sozzi to break down the tech giant's results.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
#nvidia #q2earnings #yahoofinance
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