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Around 26 August 2026, Nvidia reported record results for the July quarter: sales more than doubled to about $96 billion, with revenue up 106%, above Wall Street forecasts, and the company projected strong growth. Shares dipped early and then rose, according to Reuters, while Bloomberg wrote that the forecast failed to impress investors, and The Information reported that customers were slower to make payments. Sky News called Nvidia the world's most valuable company.
Amazon said it will buy 2 million more Nvidia chips and, according to TechCrunch, tripled its order over 'surging demand'. Bloomberg reported that Nvidia stepped back into the China market with its first H200 chip sales, while Al Arabiya noted that Huawei is the main local chip vendor in China and Nvidia's return is not expected to change much.
by WorldBrief & Maksim Micheliov | AI-generated summary
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