Nvidia's earnings report expected to show strong growth due to AI infrastructure spending.
Nvidia's earnings report this week is eagerly anticipated as the chipmaker benefits from increased AI infrastructure spending by companies. Analysts predict a strong consensus beat, which may prompt profit guidance adjustments. This follows a positive impact on results from HP Inc. and Dell Technologies Inc. Other companies reporting this week include Salesforce, Royal Bank of Canada, HP Inc., NetApp, Five Below, Gap, Autodesk, and Dell.
August 25, 2024
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