Reported 2 days ago
Nvidia, a leading AI chipmaker and a pivotal player in the S&P 500 rally, is set to release its second-quarter earnings after the U.S. market closes. Analysts expect impressive figures, but with growth slowing significantly from 2024's 122% rate to an anticipated 53.2% revenue increase, the focus will be on Nvidia's outlook for AI demand and potential sales to China, particularly amidst rising security concerns. Investors are keen on insights regarding the supply chain and new products targeting the Chinese market, as well as commentary on whether the excitement surrounding AI might be overstated.
Source: YAHOO