Nvidia to Report Earnings on May 20, Despite Strong Growth and High Margins, Analyst Cautions on Competition
Nvidia (NVDA) is set to report its fiscal first-quarter earnings on May 20, with expectations of strong financial results driven by explosive growth in its data center business. However, an analyst cautions that rising competition from custom AI chips could pose a long-term challenge. The stock has risen 4.3% ahead of the report.
Tickers: $NVDA
Topics: AI Chips Competition Earnings Nvidia Revenue Growth