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Nvda earning dates history
Nvda earning dates history








nvda earning dates history

The global technology market is expected to grow at a CAGR of 25.7% over the next five years to reach $3.17 billion by 2027, with the United States expected to strengthen its leadership in this space. The stock has plummeted 59.9% year-to-date. Also, analysts expect its EPS and revenue for the fiscal 2023 third quarter (ending October 2022) to come in at $0.71 and $5.85 billion, indicating a 39.3% and 17.6% year-over-year decline, respectively. The company said the ban impacted $400 million in potential sales to China.įor the fiscal 2022 second quarter, NVDA’s non-GAAP net income and EPS declined 50.7% and 51% year-over-year to $1.29 billion and $0.51, respectively. The above restrictions have closely followed last month’s announcement in which the White House blocked NVDA from exporting high-end graphics chips to China due to similar concerns.

nvda earning dates history

The companies must now obtain a license from the Commerce Department to export advanced chips and chip-making equipment. On October 7, new restrictions were imposed on chipmakers, including NVDA, to prevent technology from advancing China’s military power. NVIDIA Corporation ( NVDA ) provides graphics, computation, and networking solutions globally.

nvda earning dates history

Hence, we think quality technology stocks Cisco (CSCO) and Hackett Group (HCKT) are better investments than NVDA. However, the broader technology market is expected to endure short-term uncertainties and keep growing due to continued digitization. Semiconductor companies, such as NVIDIA Corporation (NVDA), are struggling amid the market downturn, export restrictions, and slowing demand.










Nvda earning dates history