Nvidia’s Shares Slip Lite‑Gravitate After Q2 Earnings
After a triumphant earnings call, Nvidia’s stock did a tiny step backward in the after‑hours session, and the dip didn’t budge even before the opens on Thursday. Even though the company ripped up the numbers, investors still felt a bit unsettled.
Quarterly Snapshot (FY 2Q)
- Revenue: $46.7 bn – a 56 % YoY jump, but a slower pace compared to the explosive 69 % growth last quarter.
- Earnings per Share: $1.05, nudging past analyst consensus. Yet the long‑haul growth curve still seems to be flattening.
- Data‑Center Segment: $41.1 bn – just shy of estimates, which left the “happy” crowd a little disappointed.
Why Investors Got Nervous
- Share Repurchase: Announced a $60 bn buyback, a sign that executives feel confident in the long game.
- No $4 bn H20 chip sales to China: The absence of those sales in Q2 shrinked the bag a bit when analysts ran their numbers.
- Q3 Revenue Forecast: Projected at $54 bn – exactly what the consensus expects, but many hoped for a “wow” beat.
Future Outlook – The AI Party Still Going Strong?
CEO Jensen Huang stayed upbeat, declaring that the next decade could see a staggering $3‑4 trillion poured into global AI infrastructure. He also mentioned that the appetite from hyperscalers remains rock‑solid.
However, the heavy reliance on a limited set of big clients keeps some traders wary that the whole ecosystem could stall if AI demand slows or geopolitical roadblocks tighten, especially in China.
So, hold onto your hats—any new slowdown in AI consumption could send ripples through Nvidia, the broader tech arena, and the market at large.
