Reported 1 day ago
Nvidia's recent stock dip due to concerns over competition from DeepSeek has largely recovered, and the company is set to announce its fiscal Q4 results on February 26. Analysts expect strong performance, with revenue estimates around $38.13 billion and earnings per share of $0.85. Despite some concerns about future demand and valuation, there is optimism that Nvidia will exceed expectations, driven by high demand for its AI chips from major clients like Amazon and Microsoft. Thus, buying Nvidia stock before the earnings announcement could be a wise investment move, even though the long-term momentum remains a debated topic.
Source: YAHOO