Transition to next-generation AI chips and 2 other pressing questions ahead of Nvidia's earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Breaking News: Technology News

NVIDIA Corp,Breaking News: Markets,Markets

Wall Street is once again expecting Nvidia to deliver a beat-and-raise report. We await details on the Blackwell ramp, software revenue growth and margins.

Stop us if you've heard this one before: A high bar has been set for Nvidia 's upcoming earnings report. But just because it's been the case for the past three quarters does not make it less true Wednesday night, when the leading artificial intelligence chipmaker releases fiscal first-quarter numbers. Most on Wall Street are once again expecting Nvidia to deliver a beat-and-raise report.

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024.'s upcoming earnings report. But just because it's been the case for the past three quarters does not make it less true Wednesday night, when the leading artificial intelligence chipmaker releases fiscal first-quarter numbers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia beating earnings per share expectations is worst-kept secret on Wall Street, says Evercore ISIWall Street may be banking on Nvidia beating earnings, but how the stock will react is less clear, says Evercore ISI.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market today: Asian shares edge lower after Wall Street sets more recordsAsian markets are mostly lower after U.S. stocks hit new record highs.
Source: wjxt4 - 🏆 246. / 63 Read more »