Nvidia has been the best performer on Wall Street this year among tech's megacap companies.
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Nvidia
is scheduled to report fiscal fourth-quarter results after the close of regular trading on Wednesday.
Here’s what Wall Street is expecting, according to LSEG consensus estimates:
Analysts expect revenue growth of 68% from $39.3 billion a year earlier. That would mark an 11th straight quarter of growth above 55% for the company that’s been the biggest beneficiary of the artificial intelligence boom.
There are two big questions about the future of Nvidia's data center business that analysts are looking at.
Although Nvidia has not been the market's favorite AI trade this year, analysts covering the name see a recovery ahead as demand…
Nvidia is at the center of the artificial intelligence boom, and counts every major cloud company and AI lab as a customer.
Analysts remain bullish on Nvidia given strong AI capex expected this year, healthy AI compute demand and the stock's valuation…
Tech giant Nvidia posted record revenue and strong profit for the third quarter, beating Wall Street expectations, amid exploding…
CEO Jensen Huang sounded confident in the company's products and bullish on the company's outlook during a call with analysts.
