$NVIDIA(NVDA.US)first take: The quarterly data looks decent, with both revenue and profits exceeding expectations. However, the company's guidance for the next quarter didn't significantly surpass market expectations—revenue was slightly better than expected, but gross margins continued to decline. Due to negative impacts from inventory reserves for certain materials, gross margins in the second half of the year will remain under pressure.

Amid the current AI wave, the market had high expectations for the company. The lack of a significantly bullish outlook this time may dampen some investors' confidence.