Nvidia will report its second-quarter results after the US market closes on Wednesday. Analysts expect the chipmaker to report revenue of roughly $92 billion (€78.8bn).
Wall Street is eagerly anticipating the earnings, as Nvidia has become so central to the AI ecosystem that its results are being viewed as a referendum on the entire AI trade. The report is expected to set the scene for the biggest market trend in a generation and determine the direction of AI investments.
Investors are treating the company's guidance as a verdict on whether the AI rally still has room to run. There is currently anxiety regarding Nvidia's huge portfolio of artificial intelligence investments and what the findings will mean for the market itself.