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Nvidia (NVDA) reported better-than-expected second quarter results after the market close on Wednesday. The chip giant reported adjusted earnings of $0.68 per share compared to the expected $0.64. Revenue was $30.0 billion versus an estimated $28.86 billion. Data center revenue was $26.3 billion. The estimate was $25.08 billion.
For Q3, Nvidia expects revenue of $32.5 billion plus or minus 2%. Wall Street was expecting $31.9 billion.
There has been much speculation about the production of Nvidia's Blackwell chips. The company says in the release that it "executed a change to the Blackwell GPU mask to improve production yield. Blackwell production ramp is scheduled to begin in the fourth quarter and continue into fiscal 2026."
Market Domination Overtime anchors Seana Smith and Josh Lipton are joined by Yahoo Finance Executive Editor Brian Sozzi to break down the tech giant's results.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Stephanie Mikulich..