Nvidia Earnings: What to Expect
Key Takeaways
- Nvidia reports second fiscal-quarter earnings after the bell on Wednesday.
- Analysts expect revenue of $8.1 billion, up 24% year-over-year.
- Nvidia's AI chips are expected to be a key driver of growth.
What to Watch For
Investors will be closely watching Nvidia's earnings to gauge the health of the chip industry. The company is a major supplier of chips for gaming, data centers, and artificial intelligence (AI) applications.
Nvidia's AI chips are expected to be a key driver of growth in the coming years. The company is a leader in the development of AI chips, and its products are used in a wide range of applications, including self-driving cars, facial recognition, and medical diagnosis.
In addition to its AI chips, Nvidia also produces a variety of other products, including gaming GPUs, data center GPUs, and networking products. The company's gaming GPUs are the most popular in the world, and its data center GPUs are used by some of the world's largest cloud providers.
Analysts' Expectations
Analysts expect Nvidia to report revenue of $8.1 billion for the second fiscal quarter, up 24% year-over-year. They also expect the company to report earnings per share of $1.04, up 30% year-over-year.
Nvidia's earnings report is expected to provide investors with valuable insights into the health of the chip industry and the company's own business. The company's AI chips are expected to be a key driver of growth in the coming years, and investors will be eager to hear more about Nvidia's plans for this market.
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