Will Nvidia deliver on earnings expectations?

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Nvidia reports earnings on Wednesday. Will it deliver on the high expectations of Wall Street?

, reports earnings after the stock market closes on Wednesday. Investors, traders, and the common shareholder want to know what Nvidia will say and how the stock will react. The 52-week high for the stock is $974.

Great numbers and guidance are already reflected in the stock price. Nvidia must also convince the market that Nvidia remains far ahead of the competition, which includes accelerated computing chips from AMD and in-house semiconductors for advanced computing designed by the technology behemoths Microsoft, Alphabet-Google, Meta, and Amazon. Competition is fierce for the semiconductors that power the data centers for artificial intelligence.

Source: News Formal (newsformal.com)

 

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