Nvidia Stock's Q3 Results Test

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Nvidia

The Motley Fool

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Nvidia stock has done this after its last four quarterly results. Here's what it may do after Nov. 20

Summary

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Nvidia (NASDAQ: NVDA ) stock's stellar rally is set to be tested when the semiconductor giant releases its fiscal 2025 third-quarter results (for the three months ended Oct. 27 ) on Nov. 20 .

Shares of Nvidia have shot up a remarkable 196% so far in 2024 , as of this writing.

Nvidia guided for fiscal Q3 revenue of $32.5 billion , which would translate into a year-over-year increase of almost 80% .

Analysts are upbeat about the sales of Nvidia 's Blackwell processors, with a report by Morgan Stanley suggesting that the company could sell $200 billion worth of these chips next year .

Nvidia 's top line is expected to more than double in fiscal 2025 from last year's reading of $60.9 billion .

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