Nvidia Shares Rebound as Q2 Revenue Surges and Rival Gap Widens
Nvidia shares climbed about 0.6% to $220.43 after a bruising selloff, with the stock down roughly 5% since Tuesday. The rivalry backdrop showed AMD and Qualcomm gaining around 5% and widening the weekly performance gap near 10 points, but Nvidia’s Q2 data-center revenue reached about $89B, and management expects roughly $108B in Q3.