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Top related persons:
Jensen Huang - 2 Davidson - 2 Gil Luria - 2 Thomas O'Malley - 2 D.A - 1 Luria - 1 O'Malley - 1 There's - 1
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FactSet
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Nvidia - 2 Microsoft - 2 Google - 2 Barclays - 2 Wall Street - 1 Investors - 1 Apple - 1 Bank of America - 1

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☆ Nvidia set to report fourth-quarter earnings after the bell
  + stars: | 2024-02-21 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Nvidia is scheduled to announce fiscal fourth-quarter earnings after the bell Wednesday in a highly anticipated report that will give Wall Street a sense of how long the AI boom can last. Nvidia has to meet elevated expectations stoked by investor appetite for AI companies. Investors want to hear from Nvidia CEO Jensen Huang about how long these stratospheric growth rates can last. In the current quarter, Wall Street analysts expect a 208% rate of growth to about $22.17 billion in sales. But the focus Wednesday will remain primarily on its AI GPUs, which make up more than 80% of Nvidia sales.
Persons: Jensen Huang, D.A, Davidson, Gil Luria, Thomas O'Malley Organizations: Nvidia, Microsoft, Google, Wall Street, Barclays
☆ Nvidia faces stiff test on Wall Street this week after 'parabolic' stock rally
  + stars: | 2024-02-20 | by ( Kif Leswing | ) www.cnbc.com   time to read: +5 min
Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Nvidia's stock price has soared fivefold since the end of 2022, as demand has skyrocketed for its graphics processing units that sit at the heart of the artificial intelligence boom. Nvidia's chips, such as the H100, are used by AI developers to create cutting-edge models like the ones OpenAI used to develop ChatGPT. The company's market cap climbed to about $1.8 trillion last week, surpassing Alphabet and Amazon and now trailing only Microsoft and Apple . "NVDA's stock appreciation has been parabolic," analysts at Bank of America wrote in a report Thursday.
Persons: Jensen Huang, Davidson, Gil Luria, Luria, Thomas O'Malley, O'Malley, There's, Ben Reitzes Organizations: Nvidia, Investors, Microsoft, Apple, Bank of America, Google, Barclays, Taiwan Semiconductor Manufacturing Company, Melius Locations: FactSet
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