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Nvidia’s Q2 2026 Results: Record‍ Revenue,⁢ but Stock Dips Amid China Concerns

nvidia once again exceeded analyst expectations. In ‍the second ⁤fiscal quarter⁣ of 2026,the AI giant’s⁣ revenues reached $46.7 billion, representing a 56 percent year-on-year increase.Earnings per share (EPS) amounted to $1.05, resulting in⁢ a net profit of $26.42 billion. The data center segment, driven by demand for systems powering artificial intelligence, generated a record $41.1 billion.

Jensen huang,Nvidia’s CEO,stated after the results were published that production of the next-generation Blackwell architecture chips is “gaining momentum and demand is exceptional.”

“The⁤ AI race continues” and ⁤Blackwell is a platform that is at its center.

He noted.

Despite the strong results,which surpassed Wall Street expectations,Nvidia shares fell by almost 3⁢ percent in after-hours trading. Experts attribute this to investors’ ‍cautious reaction to the company’s forecast for the next⁤ quarter, and especially to uncertainty surrounding its operations in China, the world’s second-largest AI market.

“The⁣ stock fluctuation is likely just ⁣a preliminary response to solid results,” Scott⁣ Bickley, ‍a senior advisor at the Info-Tech Research Group analytical⁣ company, wrote in a commentary for Fortune. “It’s astounding that we view $46.7 billion in a quarter as an ‘average ⁣result’,” he added.