All eyes are on Nvidia as it prepares to report its earnings. Here's what to expect

LOS ANGELES — Nvidia has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company's chips and data centers needed to train and operate their AI systems.The company is now worth over $3 trillion, with its dominance as a chipmaker cementing Nvidia’s place as the poster child of the AI industry ahead of the release of its latest financial results after the close of trading Wednesday.

At that point, the stock was trading at a little more than 100 times the company’s earnings over the prior 12 months. That’s much more expensive than it’s been historically and than the S&P 500 in general. That's why analysts warn of a selloff if Wall Street sees any indication that AI demand is waning.Demand for generative AI products that can compose documents, make images and serve as personal assistants has fueled sales of Nvidia’s specialized chips over the last year.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nvidia Q2 Earnings Preview: All eyes on NVDA after closeThe moment is almost here. Despite a number of showstopping earnings calls this season, everyone has been waiting for Nvidia (NVDA) to release fiscal 2025 Q2 results, which finally arrive after the closing bell on Wednesday.
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »

Nvidia Earnings Preview: Report to Capture the True Pulse of the AI RevolutionStocks Analysis by Investing.com (David Wagner) covering: Alphabet Inc Class A, NVIDIA Corporation, Advanced Micro Devices Inc, Meta Platforms Inc. Read Investing.com (David Wagner)'s latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Futures muted ahead of Nvidia earningsFutures muted ahead of Nvidia earnings
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Retail traders are bullish on Nvidia ahead of earnings, while others not so muchThe big day is finally here, and retail traders are excited.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Crypto Today: Bitcoin, Ethereum and XRP recover as traders shift focus to Nvidia Q2 earningsBitcoin September 27 options data Ethereum added nearly 3% to its value and trades at $2,524 at the time of writing.
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »

Nvidia earnings: 'Godfather of AI on deck; Get the popcorn out'Nvidia earnings: 'Godfather of AI on deck; Get the popcorn out'
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »