Nvidia Q2 Earnings Spark 4% NVDA Reversal, Is the Selloff Curse Broken?

Nvidia’s Q2 earnings topped expectations on August 26, with revenue of $96.2 billion beating the $92.2 billion Wall Street estimate. The chipmaker guided the current quarter to $108 billion. Nvidia (NVDA) stock erased an early dip to climb more than 4% in after-hours trading. The company more than doubled its sales from a year earlier.