NVIDIA's performance exceeded expectations, and the revenue outlook was slightly flat.
2025-08-27 20:46:56
On August 28th, NVIDIA (NVDA. O) recorded revenue of $46.70 billion in fiscal year 2026, and the market expected it to be $46 billion. In addition, the company also approved an additional $60 billion in share repurchases. NVIDIA gave a flat outlook of $54 billion and a 2% fluctuation for fiscal third quarter revenue, while the market expected $53.46 billion, which raised concerns about a slowdown in the growth rate of huge spending in artificial intelligence. In addition, its headwinds in H20 also added uncertainty to it. Data center business is NVIDIA's core growth engine. Q2 data center business revenue rose 56% year-on-year to $41.10 billion. At present, Cloud as a Service Provider is purchasing the company's latest generation of Blackwell chips. NVIDIA said that Q2 Blackwell chip sales increased by 17% compared with the first quarter. NVIDIA's US stock market fell by 5% after trading.
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