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Business
Aanchal Sugandh

NVDA Earnings Alert: Analyzing Buy Opportunities

NVDA Nvidia CSCO NVIDIA Corporation Semiconductor Wireless Chip

NVIDIA Corporation (NVDA) is set to unveil its fiscal 2024 fourth-quarter earnings on February 21. Its revenue is estimated to grow by 239.1% year-over-year to $20.52 billion. Additionally, the company’s EPS is expected to increase 425.8% from the prior year’s period to $4.63.

Moreover, in a strategic endeavor to bolster its prospects, NVDA unveiled a partnership with Australia’s Pawsey Supercomputing Research Centre on February 18. The collaboration integrates the NVIDIA® CUDA Quantum platform accelerated by NVIDIA Grace Hopper™ Superchips into the National Supercomputing and Quantum Computing Innovation Hub, amplifying NVDA's influence in quantum computing.

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