Wall Street is betting on a blowout
quarterly report from Nvidia on Wednesday, with its
stock near record highs as investors look for evidence that the
AI chipmaker can maintain its explosive growth.
"There is a lot riding on Nvidia s earnings. It is the most important stock in the sector," said Will Rhind, founder and CEO of GraniteShares, which runs an ETF that invests in the chip firm.
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Nvidia is set to post a more
than three-fold surge in its fourth-quarter revenue on
Wednesday, the same as in the previous quarter, as demand for
its chips that dominate the market for artificial.