Nvidia reported results that were better than expected in the second quarter, but its stock still struggled as it faces high memory costs and continues to work at full capacity.
Revenue topped $96 billion compared to $92 billion estimated by analysts, while earnings per share stood at $2.22, compared to the estimated $2.10. Data center sales also beat expectations and its guidance for the current quarter stood at $108 billion, compared to $104.2 billion expected by analysts.
