Nvidia to report first earnings since shock debut of Chinese AI DeepSeek
Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessary
Nvidia will deliver its earnings report for the fourth quarter of 2024 Wednesday evening, which investors will be watching closely for any signs of slowing demand for semiconductor chips. The chipmaker’s financials will face scrutiny over possible signals of an end to the AI-fueled market boom that has propelled the company to a stratospheric valuation of $3.1tn.
Analysts expect Nvidia to maintain its leadership position as the maker of the AI industry’s favorite chips, but recent news has presented new potential challenges to the company’s ownership of the market. For one, analysts at TD Cowen published findings earlier in the week that Microsoft, one of Nvidia’s biggest customers, was cancelling leases with private data center operators. Investors expressed concerns about the sustainability of mass investment into AI infrastructure, including Microsoft’s $80bn, which would mean less spending on Nvidia’s wares.
Continue reading...
Read more at The Guardian
Topics
-
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.CNBC - 1d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell.NBC News - 23h -
Nvidia reports fourth-quarter earnings after the bell
Nvidia's earnings report on Wednesday will put the finishing touches on one of the most remarkable years from a large company ever.CNBC - 3h -
The ‘next important test for AI bulls’ happens this week with Nvidia’s earnings
Nvidia’s profit “could have enough substance even if less sizzle,” BofA analysts say.MarketWatch - 2d -
What we want to hear from Jensen Huang when Nvidia reports earnings Wednesday
From DeepSeek to Blackwell snags, Nvidia's earnings report Wednesday evening lands against a complicated backdrop.CNBC - 2d -
DeepSeek raises new questions for Nvidia and the tech giants that hoard its chips
DeepSeek shook the market, but companies like Nvidia are still developing AI platforms that foundation models can use to operate.CNBC - 7h -
Why Nvidia’s stock looks good to these analysts despite earnings jitters
Even if Nvidia doesn’t deliver a huge revenue beat, some analysts say the stock still looks cheap.MarketWatch - 22h -
Can Nvidia earnings rally the stock market and stop the bleeding in tech?
Highflying “Magnificent Seven” tech stock are in correction territory. Investors are watching Nvidia’s results to assess tech exposure.MarketWatch - 3h -
Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers
DeepSeek's rise came as a timely confidence boost as the Chinese leadership faces a prolonged economic gloom and a brewing trade war with U.S.CNBC - 5d
More from The Guardian
-
Trump’s first full cabinet meeting celebrates government-shrinking effort led by Musk
Tech billionaire, who is not a member of the cabinet and described himself as ‘humble tech support’, warns without evidence that US could ‘go bankrupt’. US politics live – latest updates ...The Guardian - 2h -
Trump says no significant security guarantees in Ukraine minerals deal
President says Volodymyr Zelenskyy will visit White House to sign ‘very big agreement’, but details remain unclear. Russia-Ukraine war – latest news updates Donald Trump has announced that ...The Guardian - 1h -
Washington Post opinion editor departs as Bezos pushes to promote ‘personal liberties and free markets’
Opinion editor leaves as Amazon executive and newspaper owner says ‘viewpoints opposing those pillars will be left to be published by others’. Don’t let a billionaire’s algorithm control what you ...The Guardian - 1h -
Michelle Trachtenberg, Buffy the Vampire Slayer and Gossip Girl actor, dies aged 39
The actor was reportedly found at a New York apartment with the cause of death as yet unknown. The actor Michelle Trachtenberg, known for Buffy the Vampire Slayer and Harriet the Spy, has died at ...The Guardian - 46m -
Liverpool v Newcastle United: Premier League – live
Premier League updates from the 8.15pm GMT kick-off Follow the rest of the night’s Premier League action here Live scores | Table | Read Football Daily | And mail Will Emillia ...The Guardian - 15m
More in World
-
Tottenham v Manchester City, Nottingham Forest v Arsenal, Manchester United v Ipswich – live
Premier League updates from the 7.30pm GMT kick-offs Liverpool v Newcastle: Premier League updates – live Live scoreboard | Read Football Daily | And mail Taha Charles Antaki writes ...The Guardian - 15m -
Liverpool v Newcastle United: Premier League – live
Premier League updates from the 8.15pm GMT kick-off Follow the rest of the night’s Premier League action here Live scores | Table | Read Football Daily | And mail Will Emillia ...The Guardian - 15m -
England v Spain: Women’s Nations League – live
Nations League updates from the 8pm GMT kick-off Read Moving the Goalposts | And send Emillia an email The teams are out. The national anthems have been sung. Wembley is rocking. Kick-off ...The Guardian - 16m -
Power back on in Chile after blackout leaves millions in dark
Electricity restored to almost all affected regions as investigation under way into how outage occurred. Power has been restored to most of Chile ’s 19 million people after the country’s most ...The Guardian - 22m -
Jeff Bezos is muzzling the Washington Post’s opinion section. That’s a death knell | Margaret Sullivan
‘I couldn’t be more sad and disgusted,’ says former top editor Martin Baron. Owners and publishers of news organizations often exert their will on opinion sections. It would be naive to think ...The Guardian - 28m