NVIDIA Shares Fall Despite Better-than-Expected Revenue

NVIDIA announced its second-quarter results,

revenues reaching $46.7 billion,

exceeding expectations of $46.2 billion.

The company's shares fell more than 4% in early trading,

and ended trading with losses narrowed to less than 3%.

The company also announced current-quarter revenue of approximately $54 billion,

with revenues up or down approximately 2%.

HBS commented on the stock's decline in early trading, stating:

"NVIDIA has maintained a strong run of results, 

with better-than-expected results, but the lack of clarity regarding 

the H20 chips in China may have disappointed investors."

On the other hand, NVIDIA's CEO confirmed that spending on

 artificial intelligence is ongoing and has not ended,

 and that the company will expand further over the next five years. 

The NVIDIA CEO also tried to reassure investors that

 demand for NVIDIA's AI chips will continue to be driven 

by tech giants and data center owners.