Nvidia must show Blackwell chip can drive growth in earnings report

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Nvidia is on a historic run as its GPU chips are the technology industry’s tool of choice for making and deploying generative artificial intelligence…

Nvidia is on a historic run as its GPU chips are the technology industry's tool of choice for making and deploying generative AI software.

Future growth will have to come from Blackwell, its next-generation chip that has just started shipping to end-users such asand OpenAI. More important than Nvidia's third-quarter results will be what the company says about demand for the Blackwell chip. Growth is slowing, but that is partially because Nvidia's top line is so much larger than before. Nvidia reported 122% growth in sales in the most-recent quarter. That was lower than the 262% year-over-year growth it reported in the April quarter and the 265% growth in the January quarter.

 

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