All eyes will be on Nvidia later on Wednesday as the AI chip giant and the world’s most valuable company gears up to report its April quarter earnings, a release that could once again shape sentiment across global technology markets.
Nvidia is expected to post another strong quarter. According to LSEG data, revenue for the April quarter is projected to jump 79%, marking the company’s fastest pace of growth in more than a year. Adjusted profit is likely to rise 81.8% to $42.97 billion.