Why it's increasingly tough for Nvidia to impress investors
Nvidia(NVDA) Finbold·2024-11-24 14:11
Semiconductor giant Nvidia’s (NASDAQ: NVDA) reign as the artificial intelligence leader might face threats to retaining investors’ favor based on the company’s earnings report.Nvidia is particularly grappling with the challenge of surpassing market expectations as its revenue forecasts continue narrowing the gap with analyst estimates, according to The Kobeissi Letter.For the last quarter of 2024, Nvidia expects a revenue of about $37.5 billion (±2%). This projection exceeds Wall Street’s expectations by ju ...