Overview

• Nvidia reported Q2 revenue of $46.7 billion and adjusted EPS of $1.05, both above estimates and a new sales record.
• Data center revenue rose 56% year over year to about $41.1 billion but came in slightly below Street forecasts, sharpening focus on demand momentum.
• The company projected Q3 revenue of roughly $54 billion (±2%), above consensus and excluding any H20 shipments to China.
• Shares fell about 2% to 4% in after-hours trading as investors weighed slower growth signals and China export-policy uncertainty, including a 15% U.S. levy tied to licenses.
• Board approval for an additional $60 billion in buybacks accompanied one-time H20 inventory effects, including a $180 million release, as CEO Jensen Huang touted extraordinary Blackwell demand.