Nvidia Corp. (NASDAQ:NVDA) is set to report its highly anticipated earnings Wednesday, and the stakes couldn't be higher.
As the undisputed leader in the AI revolution, Nvidia’s results will be a critical indicator for the broader market, particularly for those invested in semiconductor and technology sectors.
This highly followed market event offers both risk and opportunity. For traders seeking to capitalize on Nvidia's earnings without the direct exposure to single-stock volatility, ETFs with substantial Nvidia holdings present an appealing alternative.
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Nvidia Earnings Expectations: A High Bar Set
Wall Street has set an ambitious target for Nvidia this quarter, with revenue expected to hit $28.74 billion — a staggering 17% increase from the previous quarter and an eye-popping 156% jump from the same quarter last year.
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