Nvidia reports fiscal second-quarter earnings on Wednesday after the bell.
Here's how Nvidia is expected to do versus LSEG consensus estimates:
Earnings per share : $1.01, adjusted
: $1.01, adjusted Revenue: $46.02 billion
That would represent 53% year-over-year revenue growth for Nvidia, which carries a market cap of more than $4 trillion and is already the most valuable company in the world.
That type of growth would add to a streak of explosive growth for the chipmaker, which has been on a tear since the arrival of OpenAI's ChatGPT in late 2022 ushered in the generative artificial intelligence era and created insatiable demand for graphics processing processing units, or GPUs.
Nvidia's revenue growth has been driven by its data center business, which accounts for about 88% of the company's total sales.
There are two key questions analysts will want Nvidia to answer about its data center business: How are the current generation of chips doing? And what's the state of the company's business in China?
Analysts will want any color that Nvidia CEO Jensen Huang can give them about how sales of the company's Blackwell chips are going. Earlier this year, Nvidia said that Blackwell sales would be limited by the number of racks the company can make, not how many customers wanted to buy them.
Blackwell comes in several different configurations, including one called GB200 that are typically sold in a finished rack computer that has 72 GPUs and costs millions of dollars.
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