Ives: Nvidia Earnings Could Be the Next Big Catalyst for AI Stocks

What happened

Nvidia’s earnings report on Wednesday will likely serve as another reminder of the company’s commanding lead. Analysts estimate that revenue nearly doubled last quarter from a year earlier to $92 billion. That’s more money than any of its rivals get in a full year. But the flood of cash — with sky-high profit margins — only makes its turf more attractive. Meanwhile, some of Nvidia Corp.’s biggest customers have been…

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Timeline

1. 14:52
   First appeared on Bloomberg TechnologyBloomberg Technology

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