Reported 2 days ago
Nvidia, a leader in AI chips and a major driver of tech stock gains, is set to release its Q3 earnings report, with expectations of earnings of $0.74 per share and $33.2 billion in revenue. Investors are looking for Nvidia to exceed these estimates significantly, similar to its track record over the past five quarters. With strong positions in various ETFs, including a 9% weighting in QQQ and a 24% in SMH, the company's performance is critical for many investors. Guidance for Q4 is eagerly awaited, especially amid the growing demand for its new Blackwell AI chips.
Source: YAHOO