NVIDIA Corporation NVDA was falling slightly on Wednesday ahead of the company's first-quarter earnings print, set to be released after the market closes.
NVIDIA Corporation NVDA was falling slightly on Wednesday ahead of the company's first-quarter earnings print, set to be released after the market closes.
Nvidia is scheduled to report earnings after Wednesday's close. The stock hit a record high near $974/share in 2024 and, as of this writing, it is currently trading near $937.
Artificial intelligence (AI) is experiencing a gold rush, and Nvidia is at the center of it all. As the chip maker prepares to report its earnings today, the AI landscape is buzzing with activity, from startups raising massive funding rounds to tech giants racing to integrate AI into their products and services.
Artificial intelligence (AI) is experiencing a gold rush, and Nvidia is at the center of it all. As the chip maker prepares to report its earnings today, the AI landscape is buzzing with activity, from startups raising massive funding rounds to tech giants racing to integrate AI into their products and services.
Despite clarification of news that carried negative implications for Nvidia (NASDAQ: NVDA ) ahead of its earnings report later today, NVDA stock slipped modestly. As it turned out, Amazon (NASDAQ: AMZN ) did not halt orders of the semiconductor giant's most advanced chip the “Grace Hopper.
Amazon (AMZN) reportedly changed plans for some Nvidia (NVDA) orders to wait for the upcoming Blackwell platform, adding fuel to worries Nvidia could face an "air pocket" in sales as some customers wait for its latest tech, but experts have been steadfast in their bullish stance on the AI darling and demand for its products.
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Nvidia (NVDA) is at it again.
Rival computer chip makers are racing to catch up but Nvidia still holds a leading edge in powering the artificial intelligence boom as it prepares to release its latest financial results Wednesday.
While it's tempting to buy popular stocks like NVIDIA NASDAQ: NVDA and Tesla NASDAQ: TSLA, these high-flyers don't always offer the best returns because much of their potential is already priced in (or worse, overestimated).
Nvidia reported first fiscal-quarter earnings on Wednesday that beat expectations for sales and earnings, and the stock rose slightly in extended trading. Nvidia will hold a conference call to discuss the results this afternoon, which can be listened to on Nvidia's website.
NVDA has not only the most highly anticipated earnings report of the week, it is one of the most closely watched (and traded-on) reports of the entire earnings season.