Nvidia Set to Release Q1 Earnings: Analysts Predict Significant Growth, But Signs of Slowing Momentum from rbsc 12 result Watch Video

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✓ Published: 21-May-2024

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Nvidia is expected to report fiscal first-quarter earnings after market close on Wednesday. Analysts forecast a more than 400% rise in EPS and a 200% increase in revenues yearly. Wall Street expects strong results but signs of deceleration from the previous quarter's growth rates of more than 700% EPS and 200% revenues. Analysts note Nvidia's transition from older H100 chips to new Blackwell chips could impact results and cause short-term volatility.