NVIDIA (NVDA.O) will report Q2 after the US close on Wednesday. FactSet’s survey
of analysts projects revenue $92.27 bln vs $46.74 bln a year earlier; net income
$51.55 bln ($2.11 per share) vs $26.42 bln ($1.08) last year. Analysts expect
adjusted EPS $2.09 vs $1.05 a year earlier. NVIDIA is increasingly positioning
itself beyond a chip supplier toward financing broader AI infrastructure; that
financing expansion and other long-term themes are likely to drive investor
focus. Morgan Stanley and JP Morgan analysts say the key watchpoints are
NVIDIA’s financing footprint, China exposure, semiconductor competition risk,
future gross margins, and the ramp schedule for the Vera Rubin chip. Rubin is
unlikely to produce a material contribution before the quarter beginning in
October. Benchmark analyst Cody Acree said, given already-elevated expectations,
investors will need to see incremental evidence beyond another routine beat and
guidance raise.
