Nvidia earnings: What Wall Street expects from the AI-chip giant

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Nvidia reports its fiscal second-quarter earnings after the close of markets on Wednesday.

Nvidia Corp. posts its fiscal second-quarter earnings after the close of markets on Wednesday, and the report will show how the chip giant has benefited financially from the artificial-intelligence craze.

Back in May, Nvidia forecast quarterly revenue of $10.78 billion to $11.22 billion, which was well above the $7.17 billion average estimate at the time. Any quarterly revenue total upward of $8.29 billion will mark a record for the company.For the third quarter, analysts expect:Demand for Nvidia’s AI equipment is so high that the company is reportedly running up against limited supplies, and it will offer a glimpse of how trends are balancing out in Wednesday’s report.

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:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Wall St opens higher with focus on Nvidia earnings, Jackson Hole meet By ReutersWall St opens higher with focus on Nvidia earnings, Jackson Hole meet
Source: Investingcom - 🏆 450. / 53 Read more »

Wall St mixed as investors await Nvidia earnings, Jackson Hole meet By ReutersWall St mixed as investors await Nvidia earnings, Jackson Hole meet
Source: Investingcom - 🏆 450. / 53 Read more »

Wall St set for higher open on Nvidia earnings optimism By ReutersWall St set for higher open on Nvidia earnings optimism
Source: Investingcom - 🏆 450. / 53 Read more »