Nvidia (NVDA) shares have rallied significantly in the build-up to the company’s fiscal Q1 earnings release – and the momentum could extend further following the report on May 28, says Ananda Baruah, a senior Loop Capital analyst.
The artificial intelligence behemoth is expected to earn $0.82 on a per-share basis in its financial first quarter, well above the $0.58 a share it earned in the same quarter last year.
