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International Business Times
International Business Times
Business

Nvidia Earnings Will Put The AI Trade to Another Test. Wall Street Expects a $92 Billion Quarter.

Nvidia's Data Center business is expected to generate more than $85.4 billion in quarterly revenue, a 107% increase from the same period last year, and hyperscaler revenue is projected at approximately $43.5 billion. (Credit: Imen Ben Youssef/Hans Lucas/AFP via Getty Images)

Nvidia is preparing to deliver one of the most closely watched earnings reports on Wall Street, with investors looking for evidence that the artificial intelligence boom still has enough momentum to justify the enormous sums pouring into chips, data centers and computing infrastructure.

The chip giant is expected to report fiscal second-quarter adjusted earnings of $2.09 per share on revenue of roughly $92 billion, according to Bloomberg consensus estimates cited by Yahoo Finance. That would represent a staggering 96% increase in revenue from a year earlier and another acceleration from the previous quarter.

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