Nvidia Earnings Will Make or Break Stock Market
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Third-quarter earnings season is almost over, but the main event is still to come, with Nvidia scheduled to release its fiscal third-quarter results after the market closes on Wednesday.
Here's how to tune into the earnings call. Nvidia will announce its earnings on Wednesday, November 19, after the market closes. The report will be available on the company’s investor relations website at 4 p.m. ET, followed by the earnings call at 5 p.m. ET.
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Analysts see demand for high-grade AI hardware from Nvidia increasing in the coming quarters, staying upbeat even as investors fret over the AI trade.
Wall Street forecasts another booming quarter of growth for Nvidia’s AI chip business. Here are the key numbers to watch: Revenue: Expected to rise 56% from a year earlier to $54.9 billion for the company's fiscal third quarter.
Nvidia's size and influence on the broader market mean its results will likely affect a wide range of investors.
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