Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is expected to report another huge jump in sales on Wednesday as investors look for evidence that the artificial intelligence spending boom still has room to run.
Analysts tracked by Visible Alpha expect revenue of around $92.2 billion for the second quarter ended July 26, slightly above Nvidia's own guidance of $91 billion, plus or minus 2%.
Data centre revenue is forecast at about $85.7 billion, reflecting continued heavy spending by cloud computing groups and other companies building AI infrastructure.
That would extend a remarkable run for Nvidia, which posted record first-quarter revenue of US$81.6 billion, up 85% from a year earlier, while data centre sales jumped 92% to $75.2 billion.
Much of the attention will be on demand for Nvidia's Blackwell chips and the expected ramp-up of its next-generation Rubin platform, which is due to begin contributing to revenue this year.
Margins will also be closely watched. Nvidia has guided for an adjusted gross margin of around 75%, plus or minus 0.5 percentage points.
China remains another key uncertainty. Nvidia's $91 billion forecast assumes no data centre compute revenue from China, meaning any improvement in its ability to sell advanced chips into the country could provide additional upside.
The results will be released at around 9:20 pm UK time, followed by an analyst call at 10:00 pm.
