Nvidia’s High-Stakes Earnings 8/23/23

TechCheck

English - August 23, 2023 18:23 - 5 minutes - 4.78 MB - ★★★★★ - 51 ratings
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Previous Episode: Softbank’s Arm Reports Declining Revenue, Narrowing Profits 8/22/23

Next Episode: Nvidia’s Hardware and Software Competition 8/24/23

Can Nvidia do it again? Its blowout last quarter fueled a 220% rally this year and sent the market into an AI craze. Amid sky-high expectations, it might be the most crucial print of the season. The chipmaker has been the biggest contributor to the Nasdaq 100’s rally this year, and the options market is now bracing for a 10% move.