According to Cointelegraph, Nvidia will release its second-quarter earnings report on August 28, which is called the most important event for Wall Street and the US economy this year. Its stock has risen by about 2,872% in the past decade and more than 165% in the past 12 months.

Nvidia set revenue records in the first two quarters, with a market value of $3.162 trillion, briefly surpassing Apple and Microsoft to become the world's most valuable company. Q1 revenue was $26 billion, and Q2 revenue is expected to be $28 billion. Wall Street hopes to reach $29 billion.

Nvidia has a major presence in the AI ​​market, with its GPUs being the industry standard for training large language models. This earnings report could determine the fate of the AI ​​industry in the coming quarters.

Analysts will also be watching Nvidia’s third-quarter revenue forecast and the launch of its next-generation AI chip, “Blackwell.” CEO Jensen Huang is expected to respond to reports of hardware delays and their impact on revenue.