Shares of chipmaker Nvidia slipped in after-hours trading after the company reported better-than-expected 2026 second-quarter earnings and revenue results.
The tech behemoth reported record quarterly revenue of $46.74 billion, a 56 percent increase in the quarter and surpassing the Wall Street consensus forecast of $46.06 billion.
Earnings per share—a measure of how much profit a business generates for each share of its stock—came in at $1.05 versus the market estimate of $1.01.
This represents an increase from 67 cents per share a year ago.
Data center sales fell short of forecasts as Nvidia reported $41.1 billion, slightly below the $41.29 billion projection. They accounted for 88 percent of total sales in the previous quarter….