NVIDIA announced a Q2 2026 revenue of $46.743 billion, marking a 56% year-over-year increase, driven by its AI data center business, which contributed $41.1 billion. Despite surpassing market expectations, NVIDIA's stock dropped over 5% in after-hours trading due to concerns about its dependency on major clients like cloud service providers and AI model developers. Geopolitical issues, including the lack of H20 chip sales to China, resulted in a $4 billion revenue shortfall. CEO Jensen Huang remains optimistic, forecasting a $3-4 trillion annual global AI infrastructure spend by the decade's end. NVIDIA's Q3 revenue guidance is set at $54 billion, slightly above Wall Street's consensus.
NVIDIA Reports $46.743B Q2 Revenue, AI Data Center Drives Growth
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