NVIDIA

🔹 The data center segment remains the main driver for Nvidia with a revenue increase of 56% compared to the same period last year, reaching 41.1 billion USD, slightly below the forecast of 41.34 billion USD. This is the second consecutive quarter that this segment has not met Wall Street's expectations.

🔹 Nvidia expects revenue for the next quarter to reach 54 billion USD with a margin of plus or minus 2%. This figure does not include any shipments of H20 chips to China.

🔹 The company did not report H20 sales to China in the quarter but did ship 180 million USD of H20 inventory to a customer outside of China. Nvidia stated it could recognize between 2 to 5 billion USD in revenue from H20 in this quarter if geopolitical conditions allow.

🔹 Despite the strong quarterly report, Nvidia's stock fell about 2% after announcing Q2 results.