Nvidia (NASDAQ: NVDA) announced it is not assuming any Data Center compute revenue from China in its financial outlook. The disclosure clarifies the company’s baseline expectations for future earnings amid ongoing trade restrictions.

Guidance Assumptions

The chipmaker explicitly stated that its outlook does not include any revenue from Data Center compute sales in China. This assumption reflects the current regulatory environment limiting advanced semiconductor exports to the region.

What the Numbers Show

The explicit exclusion of this revenue stream indicates that Nvidia’s reported guidance figures are derived entirely from non-China markets. This separation allows investors to assess the company’s core operational performance without the variable of potential policy shifts or restricted sales volumes in China.

Members of the US Congress have executed more sell orders than buy orders for Nvidia Corporation (NASDAQ: NVDA) stock so far in 2026. Trading data reveals a shift toward profit-taking among lawmakers as the chipmaker approaches its second-quarter earnings report.

Congressional Trading Activity

Data from the Benzinga Government Trades page shows 23 sell orders and 17 buy orders for Nvidia stock by members of Congress in 2026. While the majority of transactions fall within the $1,000 to $15,000 range, the volume of larger sales exceeds that of larger purchases.

Recent activity in May, June, and July further highlights this divergence. Lawmakers executed nine sales compared to five purchases during this period. The sales ranged from $235,000 to $675,000, while purchases ranged from $5,000 to $75,000. This disparity in transaction sizes suggests stronger conviction in selling positions than in acquiring new ones.

Earnings Expectations

Nvidia has beaten analyst estimates for earnings per share in 18 of the last 20 quarters and revenue estimates in 19 of the last 20 quarters. The current streaks stand at 14 quarters for EPS and 15 quarters for revenue.

Despite these beats, the stock price has fallen after five of the last six earnings reports. Analysts expect second-quarter revenue of $92.01 billion, up from $46.74 billion in the same quarter last year. Earnings per share are projected at $2.09, compared to $1.04 in the prior year period.

What the Numbers Show

The data reveals a concentration of selling pressure in higher-value brackets. While small transactions ($1,000-$15,000) dominate both sides, the largest disclosed buy ($250,000-$500,000) is outweighed by multiple large sell orders, including two in the $100,000-$250,000 range and recent sales reaching $675,000.