Ahead of the much-awaited earnings report from Nvidia Corp. (NASDAQ:NVDA), an analyst at Wedbush on Monday delved into the key aspects of the earnings report that could have implications for the AI revolution that is getting entrenched.
Will Nvidia Confirm AI Party? After big tech stalwarts Microsoft Corp. (NASDAQ:MSFT), Meta Platforms, Inc. (NASDAQ:META), and Amazon, Inc. (NASDAQ:AMZN) all signaled accelerating capex for AI buildouts on their earnings call, now it is the turn of Nvidia to fill in the biggest piece of AI puzzle to cement expectations that AI monetization well and truly underway, said analyst Daniel Ives in a note.
“All the Street watching is now hearing from the Godfather of AI Jensen [Huang] and Nvidia this Wednesday after the bell with earnings and of course, importantly, its guidance,” the analyst said. “When Nvidia holds its conference call this …
Leave a Reply