Analysts call Nvidia stock a buy despite China concerns
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.