Nvidia is set to report fiscal fourth-quarter results with Wall Street expecting an EPS of $1.53 and revenue of $66.2 billion, a 68% increase from the previous year. The company has seen 11 consecutive quarters of growth above 55% due to the AI boom. Analysts project revenue to grow 65% to $72.6 billion in the upcoming quarter.

Major tech companies like Alphabet, Amazon, Meta, and Microsoft have reported forecasts for capital expenditures, with combined capex for the year possibly reaching $700 billion. Nvidia dominates the AI chip market, receiving a significant portion of this spending because of its data center hardware, which accounts for 90% of its revenue.

One concern for investors is the rising price of memory, which is facing a global shortage due to high demand. Nvidia heavily relies on memory for its AI systems, and analysts will closely watch the company’s gross margin to see if it can pass these costs to customers. Nvidia’s gross margin is expected to be around 75% on the upcoming earnings call.

Analysts believe Nvidia’s margin will be slightly higher and emphasize the importance of managing rising memory prices through early supply chain collaboration. Executives will provide more updates during the earnings call at 5 p.m. ET. Investors are keeping a close eye on how Nvidia navigates the challenges posed by the memory shortage and its impact on the company’s financials.

Read more at CNBC: Nvidia (NVDA) earnings report Q4 2026