Nvidia Corp. will release fiscal second-quarter results after the close on Wednesday, with Wall Street expecting another record amid strong demand for the company’s artificial-intelligence processors. Consensus forecasts call for revenue and net income to rise about 50% from a year earlier, extending the chipmaker’s run as the principal beneficiary of the generative-AI boom. The numbers will be the week’s main market event, coming as the S&P 500 trades near all-time highs and investors debate whether AI spending can justify the sector’s sharp valuation gains. A solid report would reinforce the view that corporate budgets for AI remain intact despite macroeconomic uncertainty, while any disappointment could reignite concerns about a technology bubble. Analysts also will examine how recently tightened U.S. export restrictions on shipments to China are affecting Nvidia’s sales outlook. Management’s commentary on third-quarter demand and supply constraints is expected to set the tone for semiconductor shares and, by extension, the broader equity rally that has accelerated following increasing expectations of a Federal Reserve rate cut in September.
What To Watch This Week 👀 Nvidia ( $NVDA ) is set to announce earnings after-hours on Wednesday, August 27th https://t.co/9aQ2hP9rfl
Nvidia earnings set to test AI trade with stocks near record highs: What to watch this week https://t.co/bkpMcNTIWr
Nvidia is set to report earnings on Wednesday and traders hope it can shore up fears about AI spending, effectively confirming that the stock market’s latest rally isn’t just a technology bubble. https://t.co/aaMPDyQcLe