Reported about 2 months ago
Nvidia is anticipated to report strong second-quarter results on August 28, likely outperforming Wall Street's expectations, which suggest sales of around $28.6 billion. The company's recent performance has highlighted its significant growth fueled by AI demand, leading to a remarkable stock surge. However, analysts warn that high expectations and a potential delay in new processor releases could lead to volatile trading post-earnings. Thus, while the prospects seem bright, investors should consider Nvidia's long-term outlook amidst the expected earnings excitement.
Source: YAHOO