Nvidia and Salesforce Earnings Preview: What to Expect

Nvidia and Salesforce are set to report their Q2 earnings after the close on August 26. Nvidia is expected to see another strong quarter, with revenue forecast at around $91 billion, a 96% increase from last year's same quarter. EPS is predicted to come in at $2.08, up around 98% year-on-year.

The removal of China data-centre sales from Nvidia's figures gives investors a clearer picture of underlying demand across the wider business. However, any meaningful recovery in China sales later in the year could provide additional upside.

Nvidia shares are up around 18% this year, outperforming the S&P 500, which is up around 11%. The market isn't simply looking for another earnings beat; investors want evidence that AI demand is still accelerating quickly enough to justify Nvidia's valuation.