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Nvidia's performance exceeded expectations, revenue outlook was slightly flat, plus $60 billion in repurchase

According to online reports, NVDA.O recorded revenue of US$46.7 billion in Q2 for fiscal year 2026, with market expectations of US$46 billion. In addition, the company also approved an additional $60 billion in share buybacks. Nvidia gave a flat outlook for fiscal third-quarter revenue of US$54 billion, with a 2% fluctuation, while the market forecast was US$53.46 billion, which triggered concerns about the slowdown in the growth of huge expenditures in the field of artificial intelligence. In addition, headwinds on H20 have added uncertainty to it. The data center business is Nvidia's core growth engine. Q2 data center business revenue increased by 56% year-on-year to US$41.1 billion. Cloud service providers are currently purchasing the company's latest generation of Blackwell chips. Nvidia said Q2 Blackwell chip sales increased 17% from the first quarter. Nvidia's U.S. stocks fell 5% after hours.

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