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Chip designer NVIDIA’s shares dropped by 4% in after-hours trading today but rebounded to lose only 1.83% following the release of its fiscal second-quarter earnings report. The company reported $46.7 billion in revenue and $1.05 in non-GAAP diluted earnings per share, both exceeding analyst estimates of $46.06 billion and $1.01. For the upcoming fiscal third quarter, NVIDIA guided for $54 billion in revenue, which surpassed analysts’ expectations of $53.14 billion.
NVIDIA Q2 FY2026 Earnings Fail To Impress Wall Street As Growth Story Returns To Earth On Back Of China Slowdown
For growth stocks like NVIDIA, investors seek a significant earnings beat, not just any beat. NVIDIA appeared to disappoint Wall Street in this regard as its margin was among the lowest in recent quarters.
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