Nvidia Earnings Preview: Wall Street Forecasts Blackwell GPU, Artificial Intelligence Boost

The article discusses Wall Street’s expectations for Nvidia’s upcoming earnings report. Analysts anticipate strong demand for Nvidia’s graphics processing units (GPUs), particularly the new Blackwell GPU, driven by the rise of artificial intelligence (AI) applications. Nvidia’s GPUs are crucial for AI workloads, and the company is well-positioned to benefit from the AI boom. Key points include: 1) Analysts expect Nvidia’s data center revenue to surge due to AI demand. 2) The Blackwell GPU, designed for AI workloads, is expected to drive growth. 3) Nvidia’s gaming revenue may decline due to macroeconomic headwinds. 4) The company’s focus on AI and data center markets could offset weakness in gaming. 5) Analysts remain optimistic about Nvidia’s long-term prospects in the AI era.

Source: https://markets.businessinsider.com/news/stocks/nvidia-earnings-preview-wall-street-forecasts-blackwell-gpu-artificial-intelligence-2024-11