News Formal

Nvidia to release earnings as AI demand continues unabated

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 12 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

World News News

Business,Technology

Rival computer chip makers are racing to catch up but Nvidia still holds a leading edge in powering the artificial intelligence boom as it prepares to release its latest financial results Wednesday.

FILE - Nvidia CEO Jensen Huang makes the keynote address at Nvidia GTC in San Jose, Calif. on March 18, 2024. Nvidia reports earnings on Wednesday, May 22, 2024. –

Many of them are relying on Nvidia's chips, though some are working on lessening that reliance by developing their own. But the investment by the large AI players has largely benefited Nvidia and other chip makers.

 

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:

 /  🏆 246. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Nvidia Stock Earnings Preview: NVDA advances ahead of Wednesday’s Q1 resultsNvidia will release fiscal Q1 earnings after the close on Wednesday.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Options market sees 12% move in Nvidia after this 'unusually important' earnings report, says GoldmanGoldman Sachs sees an options trade opportunity around Nvidia's earnings report on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stock futures are little changed after S&P 500 closes at a record, Nvidia earnings loom: Live updatesTraders are eagerly anticipating Nvidia’s latest quarterly earnings, due out Wednesday afternoon.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »