Reported 8 days ago
Nvidia is set to report its Q3 earnings on Wednesday, revealing the impact of the ongoing AI boom on its performance. Analysts predict the company will report earnings per share of $0.74 on revenues of $33.2 billion, reflecting significant growth compared to last year. While Nvidia leads the market with a stock increase of 189% in 2024, rival companies have struggled. Investors will scrutinize the upcoming financial results for potential guidance on future performance, particularly regarding Nvidia's next-generation AI chips amid possible impacts from tariffs on foreign manufacturing.
Source: YAHOO