Overview

• Nvidia reported a record $46.74 billion in second-quarter revenue and guided the next quarter to $52.92–$55.08 billion, excluding potential H20 sales to China due to export limits.
• Nvidia announced the Rubin CPX GPU for AI video and code generation, and Reuters reporting indicates a target launch by end-2026 with about $100 million in related investment and an expected $5 billion in token-related revenue.
• Beijing extended an anti-monopoly probe tied to Nvidia’s 2020 Mellanox deal, while Reuters reported Alibaba and Baidu are training some models on in-house chips yet still rely on Nvidia for their most advanced workloads.
• Nvidia’s market value reached roughly $4.32 trillion, which Benzinga noted exceeds Canada’s GDP, as a McKinsey report projects more than $1.7 trillion in data-center capex by 2030 and sharply rising AI power demand.
• Analysts largely remain positive, including a DA Davidson upgrade, even as investor Dan Niles flagged a data-center revenue miss as a cautionary sign for potential AI demand slowdown.