Nvidia's Q2 Earnings Expected to Show Strong Growth; Apple Launches New AI-Focused Mac Devices
Wall Street is closely watching Nvidia (NVDA) as it prepares to report its second-quarter earnings after the close on Wednesday. Analysts expect strong results, with an estimated adjusted EPS of $2.09 and revenue reaching $92 billion—a year-over-year increase of nearly 96%. This would reflect continued growth in demand for AI-related hardware. Meanwhile, Apple (AAPL) has introduced updated versions of its Mac Mini and Mac Studio aimed at developers working on artificial intelligence projects. These compact desktops have become popular among engineers due to their affordability, performance capabilities, and suitability for running AI agents without the need for a display.
Topics: AI Hardware Earnings Tech Stocks