3 Questions investors hope Nvidia answers when it reports earnings
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The Street
The Street
By Todd Campbell Nvidia’s (NVDA) – Get Free Report shares have surged this year due to growing demand for its chips by companies and governments developing artificial intelligence applications, such as generative AI programs like ChatGPT. Optimism that sales of Nvidia’s H100 GPUs, which can cost $40,000, will cause earnings to soar has arguably priced Nvidia’s stock to perfection. However, there could still be room to rally if Nvidia says the right things. Here are three questions Nvidia shareholders hope to have answered when management reports quarterly earnings after the bell on August 23. …