Anticipated strong Q2 results and future prospects drive potential for Nvidia stock growth.

From Nasdaq: 2024-08-26 17:39:09

Nvidia will release its Q2 2025 results on August 28, with analysts predicting a 112% YoY revenue increase to $28.6 billion. The anticipated drop in gross margin may impact stock performance, but Nvidia’s attractive valuation and strong demand for AI hardware suggest potential for better-than-expected results and stock growth post-earnings. Big tech companies increasing capital expenditures on AI infrastructure also bode well for Nvidia’s future prospects.



Read more at Nasdaq: 3 Reasons to Buy Nvidia Stock Before August 28