Nvidia will report its earnings report today, wrapping up one of the most remarkable years in history for a major company.
The semiconductor giant has experienced unprecedented growth, with analysts predicting a 72% increase in revenue for the quarter ending in January. Sales for the full fiscal year are expected to more than double to nearly $130 billion.
The company’s earnings report is expected to impact the cryptocurrency market, especially AI altcoins. The earnings report could be released tomorrow at around 00:20 UTC+3.
The company’s meteoric rise has been fueled by rising demand for data center graphics processing units (GPUs), which are crucial to AI applications like OpenAI’s ChatGPT. Over the past two years, Nvidia’s shares have soared more than 440%, at times making it the most valuable publicly traded U.S. company with a market value exceeding $3 trillion.
Despite its impressive performance, Nvidia’s stock price has been on a downward slide in recent months and is currently trading at the same level as last October. This stagnation has raised questions among investors about Nvidia’s future growth trajectory and its ability to maintain its dominance in the AI sector.
Investor concerns have been further fueled by the emergence of DeepSeek’s R1, a Chinese AI model that challenges assumptions about Nvidia’s indispensable role in AI development. The model’s capabilities have led to speculation that U.S. authorities could impose additional restrictions on Nvidia’s AI chip exports to China due to national security concerns. Nvidia is already banned from selling its most advanced AI chips to China and has developed special, limited-performance versions for the region.
*This is not investment advice.
