WSJ Tech News Briefing · Wednesday, August 26, 2026
Nvidia announced record earnings for its second quarter ending in July, with sales exceeding $96 billion and net income reaching $59.7 billion, both surpassing analyst expectations. Despite the strong financial results and its central role in the AI boom, the company's shares saw a slight decrease in after-hours trading. Concerns over AI spending and a capacity crunch in memory chips contributing to price increases on Nvidia servers have reportedly raised investor eyebrows.
“Nvidia posted another quarter of record earnings Wednesday, but its shares traded slightly lower in after-hours trading amid market concerns over AI spending.”
“For the quarter ending in July, Nvidia reported record sales of over $96 billion, beating expectations.”
“These and other recent developments, including reports of sharp price increases on Nvidia servers due to capacity crunch in memory chips, have raised investors' eyebrows in recent weeks.”