- Nvidia will report second-quarter earnings on August 28, a major event for Wall Street and the U.S. economy.
- Nvidia shares have risen more than 165% over the past 12 months, giving the company a market cap of $3.162 trillion, temporarily surpassing Apple and Microsoft.
- Nvidia's second-quarter revenue is expected to reach $28-29 billion, which will be a key indicator for the future of the company and the AI industry.
- Investors and analysts are focused on Nvidia's impact on the artificial intelligence sector, where its GPUs have become the standard for training large language models.
- The results of the report could have a significant impact on the state of the artificial intelligence industry in the coming quarters.
- Announcements regarding new Nvidia chips are also expected, including next-generation “Blackwell” AI chips, which could impact the company’s future revenue.
