This Is the Most Important Number To Watch in Nvidia Earnings (Hint: It's not in the Report)
Nvidia's future growth is more important than one round of quarterly results.
Overview
Nvidia (NASDAQ: NVDA) is set to report second-quarter earnings on Aug. 26, and all of Wall Street will be watching.
The AI chip-maker has become the world's most valuable company thanks to huge demand for its data-center GPUs, and it's also established itself as the bellwether of the AI boom.
Details
In other words, investors will be closely watching the company to see if there are any signs of trouble or reasons to believe that the boom could turn into a bubble.
Source
Originally published at www.fool.com.
Related Articles
- Why AMD can beat rivals Intel and Nvidia in the market for data-center CPUs
- Sundar Pichai Says Alphabet's AI Products Now Reach Over 2.5 Billion Monthly Users Through AI Overviews. Here's What That Scale Means for Ad Revenue Investors.
- Cathie Wood Keeps Buying SpaceX Stock. Here's Why I Wouldn't Buy It Above a $1.8 Trillion Valuation.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.