Nvidia (NVDA) Fiscal Q1 EPS $1.76, Revenue $78.86B Expected
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowNvidia (NVDA) is set to report its fiscal first-quarter results, with analysts expecting earnings per share of $1.76 and revenue of $78.86 billion. The conference call with analysts is scheduled for 5 p.m. ET. Expectations include year-over-year revenue growth of 79%, driven by demand from top internet companies and AI model developers. Analysts are projecting sales growth of 86% in the fiscal second quarter, reaching $86.8 billion. Recently, Nvidia's stock gained 11% over the past month, despite increasing competition from companies like Amazon and Google.
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About NVIDIA Corporation (NVDA)
Nvidia designs the graphics and AI accelerator chips that power gaming, data centers, and the generative-AI boom, making it a bellwether for the semiconductor industry.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
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