Actionable news
0
All posts from Actionable news
Actionable news in NVDA: NVIDIA Corporation,

NVIDIA (NVDA) to Report Q2 Earnings: What's in the Cards?

NVIDIA Corporation NVDA is set to report second-quarter fiscal 2018 results on Aug 10. Last quarter, the company posted a positive earnings surprise of 24.2%. Additionally, NVIDIA surpassed the Zacks Consensus Estimate in all the trailing four quarters, with an average positive surprise of 27%.

Let's see how things are shaping up for this announcement.

Factors to Consider

Widely known for its video gaming chips, NVIDIA has pioneered the art and science of visual computing. With singular focus on this field, the company offers specialized platforms for the gaming, automotive, data center and professional visualization markets. Its products, services and software deliver amazing experiences in virtual reality, artificial intelligence and autonomous cars.

We believe that NVIDIA’s innovative product pipeline and strength in gaming and high-end notebook GPUs keep it well positioned. We also feel that the higher adoption of NVIDIA’s Tegra processors could act as a catalyst, going forward.

On the flip side, the secular decline in the PC market has affected many chip makers. NVIDIA’s dependence on the PC market continues and therefore is being hurt by adverse conditions. The preliminary data released by Gartner showed that PC shipments in the second quarter were down...


More