Nvidia Q1 Earnings Preview: Wall Street Expects Continued AI Momentum

The article discusses the expectations for Nvidia’s first-quarter earnings report, with a focus on the company’s momentum in the artificial intelligence (AI) market. Analysts anticipate Nvidia to report strong financial results, driven by the growing demand for its chips used in AI applications. The company’s data center business, which includes AI-related products, is expected to be a significant growth driver. Nvidia has been at the forefront of the AI revolution, with its GPUs being widely used for training and inference in AI models. The article highlights the company’s partnerships with major cloud providers and its efforts to expand its AI offerings. Additionally, it mentions the potential impact of the AI boom on Nvidia’s gaming and professional visualization segments. Overall, Wall Street expects Nvidia to continue capitalizing on the AI trend and deliver solid financial performance in the first quarter.

Source: https://markets.businessinsider.com/news/stocks/nvidia-q1-earnings-preview-wall-street-expects-continued-ai-momentum-2024-5