Jittery stock market’s lonely eyes turn to Nvidia earnings

Artificial intelligence chipmaker Nvidia on Wednesday will deliver a quarterly report likely to sway a jittery stock market as investors weigh whether the massive bets riding on technology’s latest craze will pay off.

As has been the case since Nvidia’s chipsets emerged as AI’s best building blocks, the expectations are sky high for the results covering the company’s fiscal quarter, covering November through January.

Industry analysts are projecting Nvidia’s revenue for that period will total $66.1 billion, a 68% increase from the previous year, while its profit is being forecast to rise at an even more robust pace of more than 70%, according to FactSet Research.

Nvidia has regularly cleared the bar set by analysts during the past three years, often by a wide margin, but that hasn’t always been enough........

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