All eyes are on Nvidia as it prepares to report its quarterly earnings

has led the artificial intelligence boom to become one of the stock market’s biggest companies, as tech giants continue to spend heavily on the company’s chips and data centres needed to train and operate their AI systems.

Wall Street expects the company to report second-quarter adjusted earnings of 65 cents per share up from 27 cents a year ago. Revenue is expected to have surged to $28.74-billion, more than double what it earned in the comparable quarter one year ago. By comparison, S&P 500 companies overall are expected to deliver just 5 per cent growth in revenue for the quarter, according to FactSet.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

globeandmail /  🏆 5. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Thailand approves $28 million EV investment from HyundaiThailand has approved an investment worth 1 billion baht ($28 million) from South Korean auto maker Hyundai, the Board of Investment said on Wednesday. The...
Läs mer »