Nvidia’s Blowout Q2 Results Rekindle AI Investment Frenzy

TREE NEWS update: Nvidia reported Q2 revenue of $96.22B, beating expectations, with adjusted EPS of $2.22, and guided Q3 to $108B, all above estimates. However, the stock initially fell 4% on profit-taking, but surged 5% after CEO Jensen Huang’s comments on AI demand growing near 100% and a CFO outlook of ~70% revenue growth by FY2028. Meanwhile, gold and bitcoin ETFs saw record inflows of ~$7B over five days, signaling a ‘currency debasement trade’ as macro pressures mount.