Nvidia earnings call: Why chipmaker’s stock price is falling despite a positive Q2 report
Nvidia announced financial results for Q2 for the fiscal year 2026 on Wednesday. The chipmaker revealed that its revenue hit $46.7 billion, a 6% increase from the prior quarter and a 56% jump from the same period last year. The surge was driven by a 17% sequential rise in Blackwell Data Center revenue, reaching $41.1 billion, up 56% year-over-year.
CEO Jensen Huang hailed Blackwell as ‘the AI platform the world has been waiting for’, noting its extraordinary demand and full-speed production of the Blackwell Ultra, positioning it at the heart of the AI race.
“Blackwell is the AI platform the…