According to BlockBeats, on August 28, NVIDIA announced its revenue for the second quarter of fiscal year 2026 reached $46.743 billion, a year-on-year increase of 56%, slightly exceeding analysts' expectations of $46.23 billion. Among these, the data center revenue for the second quarter was $41.1 billion, slightly below analysts' expectations of $41.29 billion, and the provided performance guidance was not impressive enough, raising market concerns about slowing growth in AI spending.
After the financial report was released, NVIDIA's stock fell more than 5% in after-hours trading, with US semiconductor stocks and AI concept stocks following suit. AMD and Broadcom fell more than 1%, and Advanced Micro Devices fell more than 2%. Bitcoin briefly dipped below $111,000, and ETH also came under pressure, falling to $4,482.
BiyaPay analysts indicate that financial reports impact investor confidence and capital flows. NVIDIA's financial report may affect the continuation of the AI boom in the US stock market. BiyaPay's multi-asset trading wallet will continue to provide users with one-stop services such as global remittances, digital currency trading, and investments in US and Hong Kong stocks, helping investors remain flexible in response to complex markets.
