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.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »