Nvidia just crushed earnings with $46.7 billion in Q2 revenue—up 56% year-over-year—yet the stock dropped 2% pre-market. Why? Zero sales of its H20 chips in China.
Despite this, Nvidia’s AI-powered Blackwell platform boosted data center sales by 17%, and CEO Jensen Huang is calling AI “a new industrial revolution.” Wedbush analyst Dan Ives says the pullback is a buying opportunity, predicting Nvidia could hit a $5 trillion market cap by 2026.
Should investors buy the dip, or are China risks too big to ignore? Watch the full Nvidia earnings call live on Benzinga’s YouTube.
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