Nvidia (NVDA) is set to report its first quarter earnings after the closing bell on Wednesday. Yahoo Finance’s Ines Ferré breaks down three things investors should look out for in the upcoming report.
First, she points to AI chip demand. Back in March, Nvidia announced its new Blackwell chip, which is expected to hit the market later this year. Some analysts expect to see a slowdown during the transition from the company’s H100 chips, while others believe there won’t be an issue. Among increasing competition in the field, many analysts also feel the company will be able to keep its market share due to its platform and software stack.
Analysts will also closely watch Nvidia’s capital expenditure, which peaked in January 2024.
Finally, Ferré points to Nvidia’s data center revenue as a major point to watch in its earnings. Data center revenue is projected to continue surging and is a key area of the company’s growth.
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They make chip you buy. That’s all you need to know. To 1100.
Stock Split coming?
Yes. Split coming.
I have $9 million in Nvidia. This stock should take care of my retirement.
They will beat easily top and bottom numbers even smaller(?) than last 4 quarters. Now, key point is if they would UPGRADE a guidance significantly again or not. Supply chain is one of crucial factors, not demand at the moment.
🤑🤑🤑🤑🤑🤑🤑
NVDL FTW if u want even bigger gains
just picked up another 65k worth. Thanks weak hands for the discount. It’s going to go up at least 50 after hours and probably more.