According to Odaily Planet Daily, Nvidia reported revenue of $46.7 billion in the second quarter of fiscal year 2026, exceeding market expectations of $46 billion, and announced the approval of an additional $60 billion in share repurchases. However, its third-quarter revenue outlook of $54 billion (plus or minus 2%) was slightly higher than the market expectation of $53.46 billion, sparking concerns about slowing growth in AI spending.

Nvidia's data center business became its core growth engine, with second-quarter revenue increasing 56% year-over-year to $41.1 billion. Cloud service providers are purchasing its latest generation of Blackwell chips, which saw sales increase 17% compared to the first quarter. Despite the impressive results, Nvidia's US stock price fell 5% after hours. (Jinshi)