Earnings Reports

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Market darling and high-performance graphics chip pioneer NVidia $NVDA reports fiscal Q2 earnings after the market close on Thursday. NVidia consistently trumps analysts’ expectations and comes just after gaming stock Take Two Interactive $TTWO and Activision Blizzard $ATVI delivered strong earnings. NVIDA chips, graphics processors are gaming industry standouts for personal computers and video game consoles.

What excites investors is earnings driven by strength across all product lines including, high-performance processors for data centers, artificial intelligence, digital currencies, machine learning and self-driving cars. Indeed not just gaming but all the technology hotspots.

Earnings Consensus Expectations

Analysts expect EPS of 70 cents a share, up 75% year over year, on revenue of $1.96 billion, which would be up 37%.  $NVDA shares are up around 60% in 2017.

Image: CEO Jen-Hsun

NVidia's new Pascal GPUs are fully ramped and enjoy great success in gaming, VR, self-driving cars and datacenter AI computing. The com-any has also  invested years of work and billions of dollars to advance deep learning. The $NVDA GPU deep learning platform runs every AI framework, and is available in cloud services from Amazon, IBM, Microsoft and Alibaba, and in servers from every OEM. 

Nvidia announced last year it intends to return $1.25 billion to shareholders in dividends and buybacks in fiscal 2018. 

This week we also have other chipmakers reporting  earnings in the week with Inphi $IPHI on Monday and MaxLinear $MXL on Tuesday.

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