Nafidia beats $ 46.7 billion in revenues – and not China’s sales H20 star-news.press/wp

NVIDIA again puts the mania of artificial intelligence on the market under a microscope. The company reported profits in the second quarter of the second quarter of 2026 after the bell on Wednesday, when it achieved revenues amounting to $ 46.7 billion and profits for the share of $ 1.05 (other than the principles of acceptable accounting in general)-where Wall Street agrees on about 46 billion dollars of revenues and 1.01 arrow profit.

This upper line increased by 56 % from the previous year and 6 % of the previous quarter, which confirms the demand that is still based on AI’s accelerators in NVIDIA. The Boating of the Ai Boom-Boating of the Ai Boom-revenue of $ 41.1 billion, increased 56 % on year and 5 % in succession. Including, the new Blackwell structure of NVIDIA increased by 17 % with high charges. The games added, its old business, $ 4.3 billion, an increase of 49 % on an annual basis.

Other sections have also handed over a double -number growth. The professional perception revenues increased by 32 % from last year to $ 601 million, while cars rose by 69 % to $ 586 million, reflecting the push of NVIDIA to robots and independent driving platforms. Although these areas are still small compared to the work of their data center, these lines are increasingly placed as future growth pods.

The shares have been changed slightly in post-working hours, which reflects a market that was already ranging from about 8-10 %. With the market value that hovers over $ 4.4 trillion, NVIDIA has become the most important shares in the S&P 500 index – which represents about 8 % of the entire index.

The profitability has also increased. The net income reached nearly 26.4 billion dollars (GAAP) for a quarter, an increase of 59 % on an annual basis. The total margin increased to 72.7 % on the basis of the principles of generally accepted accounting, with the exception of one -time adjustments associated with the H20 chips. The free cash flow reached $ 13.5 billion, giving NVIDIA a wide space to finance both research and shareholders ’returns.

The shareholders ’revenues are now a title in itself. The company returned 24.3 billion dollars to investors in the first half of the year through re -purchases and distributions, and its council added another $ 60 billion to a license to purchase – without expiration. This motor force, which is among the largest company by an American company ever.

The geopolitical wild card lives increasingly in Washington, not Santa Clara. American export restrictions continue to prevent the most advanced NVIDIA chips from reaching China. The company has created solutions like H20, but these charges were collected by transferring the licensing rules. In the second quarter, H20 sales were made to China, although NVIDIA has booked about $ 650 million in H20 sales for a non -China customer and recorded one -time version of $ 180 million of the previously booked H20 stock. Meanwhile, Beijing organizers have sparked adoption on security concerns, with a highlight of how politics instead of technology dictates the demand.

Looking at the future, the guidance will be seen closely like numbers with a backward appearance. NVIDIA told investors that it expects revenues of about $ 54 billion (an increase of 2 %) in the third quarter, with the total total of the generally accepted accounting principles in the range of 73-74 %. This view does not assume H20 shipments to China, indicating that any political attacks can create upside down.

He said in a press statement, “CEO Jensen Huang was distinctively optimistic:” Blackweell is the artificial intelligence platform that the world awaits, “adding that the demand is” unusual “and that production” wanders at the utmost speed. “Financial director Colette Chris said that the company expects to come out of the fiscal year with margins in the mid -seventies, which indicates sustainable profitability even amid geographical geography The volatile.

After a quarter, the results of NVIDIA are an agent of the wider artificial intelligence economy. Microsoft, Google, Amazon and Meta are expected to spend more than $ 325 billion in capital expenditures in 2025, and many of them are on artificial intelligence infrastructure. Each Cloud Capex update is now as a guide to NVIDIA shade.

However, the longer NVIDIA dominates, the greater their competitors. AMD pays MI300 accelerators, while excessive Silicon design. Even modest splits can fly billions of NVIDIA path. Because Taiwan TSMC manufactures most of its chips, any disruption in the FABS supply chain to the highly frequency range-can give up results.

Currently, though, the story remains familiar: NVIDIA provides another quarter of the explosion, and the market continues to reward it. But with the high evaluation in the sky on the quarterly rhythms-and the policy risks that could rewrite the request book overnight-the risk of the Huang Empire is not above ever.