Nvidia Earnings: Key AI Indicator

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AI chip market

The Motley Fool

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Prediction: Nvidia Will Beat Wall Street's Earnings Estimate by 10% or More on Wednesday

Summary

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84% Informative

Nvidia (NASDAQ: NVDA ) is slated to report its results for the second quarter of fiscal 2025 (ended July 28, 2024) on Wednesday, Aug. 28 .

The company is viewed as a bellwether, or indicator, for the AI space and the overall market.

Nvidia has exceeded Wall Street's earnings estimate in every quarter since generative AI became a major growth driver.

The bigger picture: Nvidia is not as pricey as it might seem.

The Motley Fool Stock Advisor analyst team identified what they believe are the 10 best stocks for investors to buy now and Nvidia wasn’t one of them.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 774,894 !.

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