Nvidia's second-quarter revenue beat expectations

Nvidia's second-quarter revenue was $46.7 billion, a 6% increase from the previous quarter and a 56% increase from the previous year, slightly exceeding analysts' expectations of $46.23 billion. This achievement was achieved despite the H20 ban during the second quarter and the fact that AI revenue in the Chinese market was strong, which actually far exceeded expectations. Nvidia's automotive and robotics business revenue in the second quarter was $586 million, a 69% year-on-year increase, while analysts expected $592.7 million. Nvidia's gaming and AI PC business revenue in the second quarter was $4.3 billion, a 49% year-on-year increase, while analysts expected $3.82 billion. Data center business revenue was $41.1 billion, a 56% year-on-year increase and a 5% increase from the previous quarter, lower than analysts' expectations of $41.34 billion.