Nvidia (NVDA) is set to report its second-quarter results on August 28 after the market close. According to Bloomberg’s consensus estimates, analysts are expecting revenue of $28.8 billion and adjusted earnings per share of $0.65. With expectations high and Wall Street watching, can the tech giant deliver on those expectations?
Bob O’Donnell, President and Chief Analyst of Technalysis Research, joins Market Domination to discuss Nvidia’s upcoming earnings and what it can do for the market.
“I think any sense of rationality around Nvidia and the Nvidia stock price is gone. So at this point, it’s all a psychological game. I’m a firm believer in that. So, you know, there’s a part of me that says no matter what they do, you’re going to see both extremes play out. Generally. I think the numbers are going to be very good because we’re still very early in building AI infrastructure. And they’re the leading provider of AI infrastructure,” O’Donnell says.
Watch the video above to hear what O’Donnell has to say about a potential delay in the tech giant’s Blackwell platform.
For more expert insights and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Nicolas Jacobino
