Reported about 12 hours ago
Nvidia is set to close Big Tech's earnings season by announcing its second quarter results, expecting an $8 billion impact from the recent China chip ban. Despite prior lifting of a sales ban by Trump, a 15% tax on sales into China now applies. Analysts predict Nvidia will report adjusted earnings of $1.01 per share on $46.2 billion in revenue, reflecting significant growth from last year's figures. Investors are keenly interested in Nvidia's performance, especially regarding its GB200 super chip and developments in the Chinese market.
Source: YAHOO