This Tuesday, May 22, Nvidia (NVDA) is scheduled to release its first-quarter earnings for the fiscal year 2025.
Given that the chip giant led earlier market rallies and could be a hint of future developments, many on Wall Street will be keeping a close eye on it. Patrick Moorhead, the founder and CEO of Moor Insights & Strategy, joins Morning Brief to discuss the impending earnings and what investors can anticipate from any potential effects on the market (\DJI, \IXIC, \GSPC).
“The company is going to clearly beat expectations on top line and EPS and will likely see a very positive guide,” predicts Moorhead regarding Nvidia’s performance.
And I largely base my study on two or three main points, one of which is to examine demand. The demand is insane. What is the danger associated with development? Quite low considering how much Blackwell resembles their last chip.
And finally, manufacturing. That would be the place to examine if there was any production risk related to TSMC (TSM).