Nvidia Stock Earnings Preview: NVDA chart shows rally possibility ahead of earnings

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Nvidia Stock Earnings Preview: $NVDA chart shows rally possibility ahead of earnings

Nvidia Stock News: Data center demand is key to earnings beat

Although anything could happen, our money is on another earnings beat. Semiconductors are in hot demand, and 2021's chip shortage is yet to be sated. With a lack of supply, chip makers overall should find it easy to raise prices as many of the top designers offer products without simple substitutes. wrote to clients, "We hear data center still remains an area of relative strength within semis, as consumer semis PCs and smartphone-related demand continues to come down.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

 

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:

 /  🏆 14. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Stock futures trade mixed ahead of retail earnings, Fed minutesU.S. equity futures are set for a mixed open Wednesday morning after stocks struggled the day before on weak U.S. housing sales and a profit warning by a prominent social media brand. HOBO : Hedge Own By Others. Strategy from the movie THE CRASH.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Best Buy Stock Earnings: BBY price supported by better revenue than expected in Q1Best Buy (BBY) stock is up 3.3% at $75 in the first half hour of Tuesday's session after the retailer reported better than anticipated sales figures.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Zoom stock rallies 20% after earnings beat, improved profit forecastZoom Video shares soared after hours Monday after the company topped Wall Street earnings expectations and said it expects to be more profitable this year.
Source: MarketWatch - 🏆 3. / 97 Read more »