May 28 (UPI) -- Nvidia officials have scheduled a 5 p.m. EDT first-quarter earnings report that many expect to reflect the Trump administration's restrictions on trade with China.
The artificial intelligence firm is expected to show increased earnings from a year ago, when it posted adjusted earnings of 61 cents per share on $26.04 billion in sales during the quarter that ended on April 27, Investor's Business Daily reported.
Analysts queried by FactSet anticipate Nvidia to report adjusted earnings of 73 cents per share and $43.34 billion in sales during the first quarter this year.
Others suggest the AI chipmaker will report 93 cents in adjusted earnings per share on $43.31 billion in sales, CNBC reported.
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