Reported 1 day ago
Nvidia is set to release its fiscal Q1 earnings amid fluctuating stock prices influenced by export control changes and new Middle Eastern partnerships. Analysts expect earnings per share of $0.88 on revenue of $43.3 billion, a significant increase from last year's figures. The company is also addressing challenges related to previous trade restrictions. CEO Jensen Huang criticized US policies, noting their unintended consequences on competition with China as Nvidia looks to solidify its position in the AI market with new agreements and product offerings.
Source: YAHOO