Nvidia Earnings: What History Suggests for Investors
Nvidia's upcoming earnings announcement on Aug. 26 has investors wondering if now is the right time to buy shares.
Big tech companies like Alphabet, Meta Platforms, Amazon, Microsoft, and Oracle have already reported their latest numbers, revealing a trend of substantial capital expenditures (capex) on artificial intelligence (AI) infrastructure.
Nvidia benefits from this trend as it remains a primary supplier of data center GPUs while expanding its position in CPUs, networking gear, and full-stack AI systems.
Wall Street analysts expect Nvidia's revenue to be around $91.8 billion, with earnings per share (EPS) forecast at approximately $2.08. These numbers are slightly above the guidance provided by management during the first-quarter results.