Nvidia Shares Dip 2% After Q3 Revenue Guidance Misses High-End Expectations
Nvidia reported its second-quarter financial results, projecting third-quarter revenue of $32.5 billion, which aligns with a $108 billion annual run rate estimate. While this guidance exceeded the analyst consensus of $105.2 billion, it fell short of the more optimistic market expectations exceeding $110 billion. Following the announcement, Nvidia's stock price declined by approximately 2% in after-hours trading. Investors expressed concerns over a potential slowdown in AI infrastructure spending, while some market participants raised questions regarding th