Reported about 2 months ago
Nvidia is set to disclose its second-quarter earnings on Wednesday, a highly anticipated milestone that could have significant impacts on the tech market. The company is expected to report EPS of $0.65 and revenue of $28.7 billion, reflecting substantial year-over-year growth. As the leader in AI chip design, Nvidia's data center revenue is projected to reach $24 billion, yet this marks a slowdown compared to previous quarters. Analysts maintain an optimistic outlook despite potential delays in its next-generation chip rollout. Meanwhile, AMD's acquisition of ZT Systems indicates growing competition, although Nvidia is still seen as best positioned to capitalize on increasing infrastructure spending.
Source: YAHOO