NVIDIA Corp's much-anticipated second-quarter 2024 earnings report will be released this week after the market closes on August 28, Eastern Time. The report will cover the financial performance for the three months ending July 28, 2024.

NVIDIA has demonstrated strong financial capabilities over the past 10 quarters, beating revenue expectations in seven consecutive quarters and exceeding market forecasts in nine quarters.

At the same time, the company's earnings per share (EPS) exceeded expectations for six consecutive quarters and exceeded market forecasts for eight of the ten consecutive quarters. These data reflect Nvidia's strong strength in performance stability and growth potential.

Moreover, NVIDIA has delivered excellent financial reports for three consecutive quarters. In the last quarter, NVIDIA's total revenue hit a new record of US$26 billion, a year-on-year increase of 262%. Among them, the data center business performed particularly well, with quarterly revenue reaching US$22.6 billion, a 23% increase from the previous quarter and a 427% increase from the same period last year. These data show that NVIDIA's strong performance in the fields of artificial intelligence (AI) and data centers will continue to be the focus of market attention. $BTC

Nvidia informed the market of a change in the situation in August last year, which triggered a change in its stock price after the financial report was released, falling from US$480 to US$400 (the price before the stock split), and then began to rebound rapidly in January 2024.

In summary, Nvidia's financial report will be a major focus of the market this week. Whether it can once again deliver a report card that exceeds expectations will have an impact on the trend of the entire AI and technology sector. #AI幣 $FET