Company set to beat Wall Street expectations but analysts await projections for future demand for firm’s AI chips
All eyes are on Nvidia, the bellwether for the AI industry, as analysts and investors hope the chipmaker’s third-quarter earnings assuage concerns about whether the high-flying valuations of AI firms have peaked.
A great deal will ride on how confident Nvidia’s chief executive, Jensen Huang, appears in his forward-looking guidance. Analysts and experts say that although they are largely confident Nvidia will beat Wall Street expectations, they are anxiously awaiting news on the status of industry demand for the firm’s AI chips.
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