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Q2 results, memory prices and AI outlook

Nvidia will report fiscal second-quarter results after the bell. Here are the key numbers, according to analyst estimates as compiled by LSEG. Earnings per share: $2.10 estimated Revenue: $92.17 billion estimated Nvidia sits at the center of the artificial intelligence world and has grown fiercely on the back of the AI boom. The company’s chips...
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OpenAI Jalapeño AI chip challenges Nvidia in inference

Nvidia‘s near-monopoly over the most advanced AI chips is under “threat” as OpenAI’s and other tech giants announce custom-built semiconductors, analysts told CNBC. OpenAI announced that its first AI chip, the Jalapeño, had “industry-leading speed and efficiency,” as it unveiled the semiconductor on Tuesday. Google, AWS and Meta are all also developing their own AI...
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Cramer says Nvidia has become ‘all-important’ to the AI trade. Here’s what to watch beyond the numbers

Key Points CNBC’s Jim Cramer said Nvidia has become so central to the AI ecosystem that its earnings are effectively a referendum on the entire AI trade. He said that despite concerns around competition, data-center opposition, memory shortages and AI financing, Cramer remains bullish on Nvidia. CNBC’s Jim Cramer said Tuesday Nvidia has become so...
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