NVIDIA will release the most important technology financial report in recent years! The market is looking forward to whether it can burst the AI bubble theory

2024-08-25

Fast Technology reported on August 25th,On August 28, Eastern Time, semiconductor giant NVIDIA will announce its second quarter results for fiscal year 2025. The market generally expects that this will be the most important financial report in the technology industry in recent years.

Although many analysts have given optimistic expectations, it is undeniable that the doubt that "investing in AI is a bubble with returns that are difficult to meet expectations" remains difficult to dispel.

If NVIDIA fails to once again beat expectations and raise its earnings forecast in its latest earnings report, it could disappoint investors and have broader implications for the entire market.

Wedbush analyst Dan Ives has elevated the importance of this financial report to a new level, believing that it will have a profound impact not only on NVIDIA, but also on the entire technology stock market.

Analysts expect NVIDIA's second-quarter sales to reach $28.7 billion, a year-on-year increase of 112%. Net income is expected to double to $14.95 billion, and data center business revenue is expected to hit a new high of $25.19 billion.

This expectation is based on NVIDIA's strong position in AI and accelerated computing, as well as the continued growth of its data center business.

Goldman Sachs analyst Toshiya Hari is also optimistic about NVIDIA's financial report, believing that demand for its AI infrastructure such as GPUs will remain strong.

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