Nvidia beats on earnings and guidance, but stock wobbles as data center whispers loom large
Nvidia cleared Wall Street’s bar again. For fiscal Q2 2026 (reported Aug. 27), the AI leader delivered adjusted EPS of 1.05 versus 1.01 expected and revenue of $46.74 billion versus $46.06 billion expected, and guided the current quarter to $54 billion (±2%), modestly ahead of the roughly $53.1 billion consensus — while reiterating that multiyear AI infrastructure demand should remain robust. Yet shares slipped as investors digested a second straight quarter of data center revenue arriving a touch light versus whisper numbers and as China-related H20 shipments remained excluded from guidance amid licensing uncertainty. The reaction underscores how perfection has become the default expectation two years into the AI buildout (according to CNBC).