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Nvidia's Q3 earnings report is about to be released, and analysts are optimistic about revenue performance

2024-11-17 14:29
Odaily News Nvidia will report third-quarter results after the U.S. stock market closes next Wednesday, and analysts expect the artificial intelligence chip leader to see a significant increase in revenue. Investors will be looking for signs of sales of Nvidia's latest Blackwell processors, as well as demand for artificial intelligence chips from hyperscale companies. In addition, many major retailers in the United States will release quarterly reports next week, with Walmart scheduled to release third-quarter results after the U.S. stock market closes on Tuesday, expecting stronger-than-expected same-store sales growth and raising full-year expectations. Next is the large U.S. retailer Target, which is expected to report third-quarter revenue growth on Wednesday. The market is eager to learn about retailers' holiday shopping plans, consumer health, and spending trends after the U.S. presidential election. (Jinshi)