Nvidia, Microsoft Pour $15 Billion Into Anthropic
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Nvidia, Wall Street
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Investors are intensely focused on the durability of the AI infrastructure boom and whether hyperscalers can sustain their aggressive pace of capital spending.
The fate of Wall Street's staggering bets on artificial intelligence will rest squarely on Nvidia on Wednesday when the chipmaker reports results, with investors seeking signs that bubble worries are overblown.
Investors hope that good news from Nvidia’s quarterly earnings report on Wednesday will stop the bleeding in artificial-intelligence stocks. But the smart money is split on whether the chip maker’s shares are still worth buying.
Arm Holdings Plc plans to start incorporating Nvidia Corp.’s NVLink technology into chip designs for AI data centers, tightening the relationship between two influential semiconductor companies.
Other high-flying areas of the market with their own evangelists have also been struggling lately. Bitcoin’s price briefly fell below $90,000 in the morning, down from nearly $125,000 last month. It later recovered some of its losses and climbed back toward $93,000.
Nvidia's earnings report on Wednesday could trigger a $320 billion swing in the chipmaker's market value — the largest post-earnings move ever for the AI giant — as investors seek signals about whether the artificial intelligence boom is accelerating or cooling.
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Nvidia (NVDA) Reports Earnings Tomorrow: What To Expect
Leading designer of graphics chips Nvidia (NASDAQ:NVDA) will be announcing earnings results this Wednesday after the bell. Here’s what investors should know. Nvidia met analysts’ revenue expectations last quarter,