Nvidia Set to Release Q1 Earnings: Analysts Predict Significant Growth, But Signs of Slowing Momentum from youtube sign in to confirm your age Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ Duration: 0:34 👁 View: 270K times ✓ Published: 21-May-2024
Description: 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.