NVIDIA's Q2 data center revenue recorded the slowest growth amid the generative AI boom, with after-hours stock price dropping by as much as 5%
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NVIDIA announced its Q2 financial report for fiscal year 2026, with revenue of $46.7 billion, a year-on-year increase of 56%, but the growth rate is the slowest since the generative AI boom, and the stock price fell by as much as 5% in after-hours trading. Data center revenue was $41.1 billion, slightly below expectations, while GPU computing chip revenue was $33.8 billion, a decrease of 1% quarter-on-quarter. Adjusted earnings per share were $1.05, with a net profit of $26.42 billion. The company expects a median revenue of $54 billion for the next quarter, exceeding market expectations
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