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Nvidia Asian suppliers cautiously advance as Q1 earnings loom

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Nvidia Asian suppliers cautiously advance as Q1 earnings loom

) Asian suppliers rose on Wednesday, as investors sought more cues on the artificial intelligence industry from the firm’s hotly anticipated first quarter earnings.Broader Asian technology stocks, specifically chipmakers, were also largely subdued in anticipation of the Nvidia earnings. Nvidia is set to report its first quarter earnings after the U.S. market close on Wednesday.

Nvidia is expected to clock quarterly revenue of $24.65 billion and earnings of $5.59 per share according to Reuters estimates, with both figures set to increase exponentially from the same period last year.

 

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