Will Nvidia Continue To Deliver? Investors Sweat Over Hyped-up Expectations And Potential Blackwell Delay Ahead Of Q2 Report
Portfolio Pulse from Shanthi Rexaline
Nvidia is set to announce its Q2 results, with analysts expecting strong growth driven by AI demand. Concerns over a potential delay in the Blackwell AI accelerator are present, but analysts remain optimistic about Nvidia's leadership in AI and accelerated computing.
August 28, 2024 | 11:09 am
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POSITIVE IMPACT
Nvidia is expected to report strong Q2 growth, driven by AI demand. Concerns exist over a potential delay in the Blackwell AI accelerator, but analysts remain optimistic about Nvidia's leadership in AI and accelerated computing.
Nvidia is expected to report strong Q2 results, driven by AI demand, particularly in the data center segment. Despite concerns over a potential delay in the Blackwell AI accelerator, analysts are optimistic about Nvidia's leadership in AI and accelerated computing. The stock has performed well year-to-date, and analysts recommend buying on any potential weakness following the earnings.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
The iShares Semiconductor ETF, which includes Nvidia, has gained over 20% YTD. Nvidia's strong performance and expected Q2 results could positively impact the ETF.
The iShares Semiconductor ETF includes Nvidia, which has been a strong performer. Nvidia's expected strong Q2 results and leadership in AI could positively impact the ETF's performance.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50