Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Technology · 26 August 2026

Nvidia's revenue exceeds Wall Street expectations, but shares trade lower

Nvidia's revenue exceeds Wall Street expectations, but shares trade lower

Photo by Mariia Berezovsky on Unsplash

The US chipmaker, central to the AI boom, reported its second-quarter results on Wednesday after the US market closed. Analysts had expected revenue of around $91.9 billion, but Nvidia's actual revenue significantly exceeded these forecasts doing $96.2 billion. Nvidia's performance is closely watched as its chips power much of the AI infrastructure built by major tech companies.

Reported by uk.finance.yahoo.com · How we write briefs

Get the app

Understand this story

What is 'Wall Street'? Why did shares fall? What is AI infrastructure?

More briefs

SportsEuropean football chiefs want Arsene Wenger to challenge Fifa boss Infantino BusinessAnthropic's quarterly revenue reached $16.8bn, rising 45% from $11.6bn WorldUS brain fungus cases quadruple in two years SportsInfantino apologises for British fans joke and wants Russia ban lifted SportsAntonelli could seal F1 title in Austin on 25 October TechnologyAustralia Bill Would Let Users Switch Off Social Media Algorithms Browse all stories →