Particle.news

Download on the App Store

Nvidia Sets Record Quarter, Lifts Buyback, Guides Above Forecasts as China Sales Stay Unclear

Guidance excludes H20 shipments to China, underscoring unresolved export‑policy risk.

Nvidia CEO Jensen Huang attends the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025. REUTERS/Kent Nishimura/File Photo
Nvidia logo and decreasing stock graph are seen in this illustration taken, January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
closeup of blue stock chart on personal computer

Overview

  • Nvidia reported Q2 revenue of $46.7 billion, up 56% year over year, with adjusted EPS of $1.05 and GAAP net income near $26 billion.
  • Data center sales reached $41.1 billion, slightly below Street expectations, and shares slipped roughly 2%–3% in extended trading.
  • The company projected Q3 revenue of about $54 billion plus or minus 2% and did not factor in any H20 sales to China as rules remain unsettled.
  • Nvidia said it recorded no H20 sales to China in the quarter and booked a one‑time $180 million release of previously reserved H20 inventory tied to a non‑China sale.
  • The board added $60 billion to the stock repurchase authorization, and the company’s market value sits around $4.4 trillion as hyperscaler demand continues to drive results.