One Date Nvidia Investors Should Not Overlook This July
It will be yet another interesting earnings season for the semiconductor company.
Overview
Nvidia (NASDAQ: NVDA) will release its next quarterly update in late August. However, there are several dates in July that its shareholders should pay close attention to. One of them is Wednesday, July 29. Here is why.
A few of Nvidia's customers account for a large percentage of its business. During its fiscal year 2026, ending Jan. 25, the company said that sales to one of its clients made up 22% of its revenue, while another accounted for 14%. There is a lot of speculation about who they may be, but many analysts believe these mystery customers belong to the ranks of the hyperscalers, or leading cloud computing providers. And the single largest Nvidia customer among them may be Microsoft.
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Originally published at www.fool.com.