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Nvidia’s next-gen efforts, robotics updates and competition are top of mind for analysts
Jamie Meyers, senior analyst at Laffer Tengler Investments, is upbeat ahead of Nvidia’s earnings announcement.
“We’ve seen strong demand intra-quarter, along with companies like OpenAI complaining about cloud capacity and chip availability,” Meyers notes. “Moreover, with a resumption of China H20 shipments, we expect the loss of revenue – at $8 billion last quarter – from China sales will be significantly less or mostly eliminated.”
Meyers also expects management to comment on both sovereign and Blackwell Ultra ramps. “As such, we believe earnings will skew to the upside,” he adds.
For the earnings call, Meyers wants to learn more about next-generation efforts, including those for robotics. To this end, Nvidia has inked partnerships with firms like Siemens and Schneider Electric.
He also wants to see updates about software and AI tools, such as the NeMo framework (for building generative AI models), new Omniverse libraries and the Cosmos world foundation models (for robotics).
Finally, Meyers is looking to hear more about any impacts from rivals. “We are monitoring whether the hyperscalers’ own chips will cut into Nvidia’s demand, though we don’t see evidence of that yet.”
– Tom Taulli
Tom Taulli
Tom Taulli has been developing software since the 1980s. He sold his applications to a variety of publications. In college, he started his first company, which focused on the development of e-learning systems. He would go on to create other companies as well, including Hypermart.net that was sold to InfoSpace in 1996. Along the way, Tom has written columns for online publications such as Bloomberg, Forbes, Barron’s and Kiplinger. He has also written a variety of books, including Artificial Intelligence Basics: A Non-Technical Introduction.
What time is Nvidia’s earnings release?
Nvidia will release its fiscal second-quarter earnings report after the stock market closes on Wednesday, August 27. The results typically come through around 4:20 pm to 4:30 pm Eastern Standard Time.
The release of Nvidia’s earnings report will be followed by a conference call, which will begin at 5 pm EST.
– Karee Venema
Karee Venema
With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021, and oversees a wide range of investing coverage, including content focused on equities, fixed income, mutual funds, ETFs, macroeconomics and more.
