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Nvidia reported Q2 revenue of $46.7 billion, up 56% year-on-year, beating estimates. Data center sales also rose 56% but missed forecasts due to weak demand from China, where H20 chip sales haven’t started yet. Analysts praised strong AI momentum and demand for Blackwell chips, calling recent stock dips a buying opportunity amid extremely bullish retail sentiment.
short by / 08:45 am on 28 Aug
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