Nvidia Stock Price Drops After $46.7B Earnings—Blackwell China Deal?

Nvidia just crushed earnings with $46.7 billion in Q2 revenue—up 56% year-over-year—yet the stock dropped 2% pre-market. Why? Zero sales of its H20 chips in China. Despite this, Nvidia’s AI-powered Blackwell platform boosted data center sales by 17%, and CEO Jensen Huang is calling AI “a new industrial revolution.” Wedbush analyst Dan Ives says the pullback is a buying opportunity, predicting Nvidia could hit a $5 trillion market cap by 2026. Should investors buy the dip, or are China risks too big to ignore? Watch the full Nvidia earnings call live on Benzinga’s YouTube. #Nvidia #StockMarket #AI 🌐 Want more market-moving insights? Dive deeper at www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Let’s stay connected! Follow us for real-time updates, market tips, and exclusive content: 🔹 Instagram: https://www.instagram.com/benzinga 🔹 Facebook: https://www.facebook.com/benzinga 🔹 TikTok: https://www.tiktok.com/@benzinga 🔹 X: https://www.x.com/benzinga ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes.