NVIDIA shares results on the results of Q2 Middling Nvidia Q2 2026

NVIDIA declared Mixed results in the second quarter on Wednesday, meeting certain market expectations but by missing others.

The company recorded a turnover of $ 46.74 billion, up 56% compared to a year ago. The number is greater than $ 45 billion that Nvidia shared results in the last quarter, and is barely above the planned market consensus of $ 46.23 billion, according to Bloomberg.

The profit adjusted per share came from $ 1.05, above the average market estimate of $ 1.01.

About $ 41.1 billion in this income came from the activity of the company’s data centers, which increased by 56% compared to a year ago, but missed the consensus market expectation of $ 41.29 billion.

The shares dropped 4% initially on these data centers lacked, but have since carried out these gains at around 2%.

NVIDIA also announced that it had approved an additional $ 60 billion for a share repurchase, a decision which generally lost investors but did not stop the price of the action course in post-commercialization trading.

Before the report

The S&P 500 jumped before the results of the results to achieve a record summit of 6,481.40 Wednesday just before the quarterly results of the world’s largest company, the manufacturer of Nvidia flea.

“NVIDIA will produce huge income gains over the next nine months, in addition to an already huge income base,” said Jed Ellerbroek, portfolio director at Capital, Reuters. “Investors should prepare for a world where Nvidia is a two -digit percentage from the S&P 500.”

Why do Nvidia’s income make the market advance so much?

Nvidia dominates the AI ​​market, which means that the results of the company’s profits are eagerly awaited each quarter. But the issues were particularly high in Wednesday income.

Last month, Nvidia became the first company to strike Market value of 4 dollarsAnd the pressure was exerted for the technology giant to justify this evaluation.

Investors also weighing talks of an AI bubble, arising from a new worrying You report MIT researchers. The report has frightened investors with its conclusion that despite daring investments, AI pilot programs in the business world have failed to result in substantial income gains.

The investor fears were fueled further while in the same week, the CEO of Openai, Sam Altman, confirmed that he believed AI is a bubble.

Trump / China trade tensions weigh on Nvidia

In May, NVIDIA leaders had to revise their income expectations for this quarter of approximately $ 8 billion due to President Trump’s decision to impose company export control restrictions in China.

The company has participated in a political roller coaster in its efforts to sell ia fleas in China, one of the main markets of Nvidia, while the trade war between the United States and China degenerates.

After prohibiting the sale of Nvidia’s H20 fleas in China, President Trump overturned This decision in July, thanks to Huang’s efforts. In the first quarter results, NVIDIA engaged $ 4.5 billion in the excess inventory of H20. Nvidia leaders had shared that they expected to have recorded an additional $ 2.5 billion in H20 flea sales, but it did not materialize due to the restrictions.

But in exchange for the reversal of policies, Trump demanded that Nvidia and the competitor AMD both grant the United States government a 15% reduction in their chips in China.

In response to this, Beijing would have started to raise concerns about the Nvidia tokens having killed switches and deadlines, and urged Chinese companies to do not use them.

Nvidia robotics bet

The figures come when Nvidia has started to develop its bet on robotics and autonomous vehicles in recent months.

During the annual meeting of the company shareholders in June, Huang said that he expects robotics to ensure the most important growth in the company after AI. The two combined, he said, investors represent “A growth opportunity for several dollars.“”