.August 19, 2024 5:36:00 PM

Wall Street anticipates strong performance from Nvidia as it prepares to announce fiscal Q2 2025 results. The chip giant’s GPUs remain popular for generative AI workloads, driving high demand and promising quarterly figures.

Despite potential delays in the Blackwell chip release, analysts believe any disruptions will not impact Nvidia’s long-term outlook. Investor confidence in the company’s earnings prospects for 2025 remains strong, especially with positive management and supply chain updates expected.

Analysts predict healthy sequential growth in Nvidia’s Data Center revenue, fueled by Hopper-based GPUs and early Blackwell shipments. The Networking business is also expected to expand, offsetting any challenges from Blackwell’s rollout timing.

Nvidia maintains a strong position among cloud service providers and enterprise customers, with U.S. hyperscalers expressing confidence in the company’s future. Investments in generative AI are increasing, with a focus on early leadership to drive revenue growth opportunities.

Major players are ramping up investments in generative AI, recognizing its potential as a key growth driver. Early leadership in AI is seen as crucial for revenue growth, leading to increased investments to secure a competitive advantage.

Analysts view Nvidia’s trajectory favorably ahead of the upcoming earnings report, highlighting the company’s strong position in the market and potential for continued growth.