Expect more earnings beats from Nvidia 'albeit smaller ones': Jefferies

📆 16/08/2024 11:23:00
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Expect more earnings beats from Nvidia 'albeit smaller ones': Jefferies

) is likely to continue delivering earnings beats in the coming quarters, “albeit smaller ones,” Jefferies analysts said in a Thursday note.

“We expect another strong beat in July and strong guidance into October, with beats of about $1B for the results and guide,” analysts said. Media reports recently revealed that Nvidia’s Blackwell chips may face delays of three months or even more due to design flaws.

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