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.

The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara(Getty Images via AFP)
The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara(Getty Images via AFP)

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…

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