NVIDIA is set to report its fiscal first quarter earnings, with analysts expecting $43.2 billion in revenue and adjusted earnings of $0.75. The company's stock has surged 25% recently due to robust GPU demand, despite facing challenges from export controls that may curb revenue this and next quarter. Investors are keenly watching key financial metrics like gross margins, especially following sizable fluctuations in stocks after past earnings reports. Live updates will follow as results unfold, highlighting areas of interest in the earnings release.
After NVIDIA last reported earnings on February 26th, its shares fell 8.5%. Despite its massive size, NVIDIA can still see large movements after earnings.
Expectations are for the company to report $43.2 billion in revenue and $.75 of adjusted earnings in the fiscal first quarter.
Wall Street expects export controls from China to reduce revenue this quarter and next, which could reduce growth rates.
NVIDIA's stock is up 25% in the past month...they've rebounded as GPU demand stays red-hot and massive AI clusters raised NVIDIA's long-term prospects.
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