AI darling Nvidia reports after the bell. What Wall Street is watching

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AI darling Nvidia reports after the bell. What Wall Street is watching
Investment StrategyStock MarketsNVIDIA Corp
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Here's what Wall Street is closely watching when Nvidia reports after the bell Wednesday.

Wall Street will be keeping close watch on what Nvidia says about demand for its artificial intelligence chips when the market-moving chipmaker reports quarterly results after the bell Wednesday. Nvidia is expected to surpass expectations again, with analysts polled by LSEG bracing for earnings of $5.59 per share on $24.65 billion in revenue.

mountain Shares this year Rosenblatt's Mosesmann said the company already faces steeper year-over-year comparisons relative to last year's blowout quarter, and as supply chains improve. But many analysts have brushed off those concerns, with O'Malley noting that checks still point to greater than $1 billion upside in April and $2 billion for the July quarter.

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