This story is available exclusively to Business Insider
subscribers. Become an Insider
and start reading now. Have an account? .
Nvidia will release its second-quarter earnings after the closing bell on Wednesday.
Shares of the tech giant were up 35% year-to-date through Tuesday.
Wall Street remains bullish on the stock, and will be looking for updates on hyperscaler spending.
Nvidia will report fiscal first-quarter earnings on Wednesday after the closing bell.
Wall Street will be closely watching for signs that AI-chip demand from hyperscalers like Microsoft, Meta, and Amazon is staying strong. Investors will also be looking for updates on how Nvidia is faring in China.
The earnings-release time is shortly after 4 p.m. ET, and its conference call with analysts will start around 5 p.m.
Nvidia’s stock was up 35% year-to-date through Tuesdays’s close, handily outpacing the S&P 500‘s 10% increase.
Nvidia’s consensus second-quarter revenue estimate is $46.23 billion.
Get the latest stocks updates straight to your inbox
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.
We respect your privacy and take protecting it seriously
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.