All eyes are on Nvidia as it prepares to report its earnings. Here's what to expect

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Nvidia News

Artificial Intelligence,Quarterly Earnings,Stock Market

LOS ANGELES (AP) —

, as tech giants continue to spend heavily on the company's chips and data centers needed to train and operate their AI systems. The company is now, with its dominance as a chipmaker cementing Nvidia’s place as the poster child of the AI industry ahead of the release of its latest financial results Wednesday.

Demand for generative AI products that can compose documents, make images and serve as personal assistants has fueled sales of Nvidia’s specialized chips over the last year, but Wall Street is also looking for any indication that AI demand is waning. The high cost of caring for children and the elderly has forced women out of the workforce, devastated family finances and left professional caretakers in low-wage jobs — all while slowing economic growth. As the economy emerges as a theme in this presidential election, the Democratic and Republican candidates have sketched out ideas for easing costs that reveal their divergent views about family.

 

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