Nvidia's adjusted gross margin is key metric to watch for during quarterly earnings report

From Nasdaq: 2024-08-27 04:41:00

Tomorrow, Nvidia will release its quarterly operating performance data, closely watched by investors. The company has seen massive growth due to AI technology, particularly its H100 GPU and CUDA software. Nvidia’s adjusted gross margin has surged to 78.35%, driven by high demand and pricing power. A decline in this margin could signal competitive pressures or supply issues, impacting the AI landscape. Investors should focus on this metric for a broader outlook on Nvidia’s future.



Read more at Nasdaq: Forget Revenue and Net Income: This Is the Critical Metric to Look for When Nvidia Reports on Aug. 28