Nvidia is preparing to release its latest quarterly earnings, with investors around the world watching closely for evidence that demand for artificial-intelligence chips remains strong.

Analysts are reportedly expecting Nvidia to post revenue of about $92 billion, roughly double the figure from a year earlier.

Nvidia has become a central supplier to the global AI industry because its specialised processors are used to train and operate advanced artificial-intelligence systems.

Major companies including Microsoft, Amazon, Google and Meta continue to spend billions of dollars expanding their AI infrastructure.

The company’s results are particularly important because investors have recently become more cautious about the enormous amount of money being spent on AI.

Technology companies are building data centres, buying chips and expanding electricity capacity at unprecedented levels.

A strong earnings report and optimistic forecast from Nvidia could reassure investors that the AI boom is generating enough demand to justify these investments.

However, weaker-than-expected figures could increase concerns about the valuations of AI-related companies.

Nvidia’s results could therefore influence the wider technology sector and global financial markets.

Investors are expected to pay particular attention to the company’s sales forecast and management’s comments about future AI demand.

Source: Reuters