Nvidia's revenue exceeded expectations in Q2 2026, but its share price fell affects cryptocurrency
Source: Binance
Time: 2025-08-28 08:59:13
According to BlockBeats, Nvidia's Q2 revenue in fiscal 2026 was US$46.7 billion, higher than the market's expectations of US$46 billion, and approved an additional US$60 billion in stock repurchases. The company's revenue outlook for the third-quarter fiscal quarter was US$54 billion and the market forecast was US$53.46 billion, raising concerns about the slowdown in the growth of spending in the artificial intelligence field. After the financial report was released, Nvidia's stock price fell 5% after the market trading and is now down 3.14%. Market participants usually play around financial report expectations, resulting in stock price fluctuations. Affected by the decline in Nvidia's stock price, Bitcoin fell 1.25%, falling below $111,000 in a short period of time, and is now at $111,405. ETH once fell to $4482 and is now at $4513, which is slightly weaker than Bitcoin.