Last month, NVIDIA noted that its graphics processing units (GPUs) are ‘restocked and reloaded’, hinting that the worst of the chip shortage may be behind the company.
Not surprisingly, the chipmaker has seen its sales grow 6X in the last nine years, from $4.3B in 2013 to nearly $22B in 2022.Įxpectations remain elevated for this quarter, with traders expecting both revenue and earnings to rise by more than 40% year-over-year, but the proverbial “elephant in the room” will be the global semiconductor shortage. If you tried to invent a business to capitalize on exciting secular technology trends like gaming, artificial intelligence, data centers, autonomous car development, crypto asset mining, and 5G communication technology, you would create NVIDIA.
What are analysts expecting for NVDA earnings?Ĭonsensus analyst expectations are for the company to report $1.20 in EPS on $8.1B in revenue. NVIDIA (NASDAQ: NVDA) is scheduled to release earnings after the markets close on Wednesday May 25. Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close When will NVIDIA report earnings?
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