The Manufacturer of Computer Chips Nvidia reported its financial results for the second quarter of its fiscal year of 2026, exceeding the expectations of Wall Street for income and earnings per action (EPS).
Nvidia reported revenues of the second quarter of $ 46.7 billion, a 6% increase in the previous quarter and more than $ 26.4 billion in net income. The company’s income increased by 56% compared to the previous year, according to Wednesday’s announcement.
The company revealed EPS of $ 1.08, using GAAP accounting and $ 1.05 EPS for not GAAP. Nvidia also recorded a profit margin of around 72.4% for the quarter.
Nvidia’s shares sank at approximately 3.3% in negotiation outside Wednesday.
Nvidia is the largest public company in the world, with a market capitalization of more than $ 4.4 billion in this letter. The company is the main manufacturer of artificial intelligence and computer chips, and has also grown to have geostrategic importance for the United States government.
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NVIDIA informs Sales from Zero H20 to China
Nvidia addressed concerns about her China business in her latest profit report, saying that the sales of their H20 processor had not reached the country. “There were no H20 sales for China customers in the second quarter,” the company said.
The H20 processor is a weaker version of the NVIDIA H100 chip designed for the Chinese market in accordance with existing US regulations around the export of high performance computer chips used in AI applications.
In January, the administration of the president of the United States, Donald Trump, announced that he was trying to adjust the export controls in the sales of NVIDIA H20 to China due to the “National Security” concerns.
The Trump administration continued and imposed strict export controls, which included export licenses and rates for a total of around $ 5.5 billion, stopping the H20 chips bound for China to a squeaky stop.
However, the Administration reversed its position in August, allowing Chyse Chips sales to China to resume with the condition that NVIDIA gives the United States government 15% of the income of the chips sold to China.
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