Nvidia Earnings Today: Q3 Sales, Profit, Revenue, To AI Deals | 5 Key Things To Watch Amid AI Bubble Concern

Nvidia Earnings Today: Nvidia, a bellwether for the artificial intelligence trade, is all set to announce its third-quarter earnings on Wednesday, November 19. Investors will closely track a host of updates related to Nvidia Q3 results, including sales, AI chip demand, and the market in China.

Ahead of Nvidia earnings for the August-October quarter announcement, Indian IT stocks ended higher with Coforge, HCL Technology, Infosys, and LTI Mindtree shares closing nearly 3% higher on Wednesday.

Nvidia News: When Will Chipmaker Announce Result Today?

Nvidia is set to announce its earnings on Wednesday, November 19. The earnings report will be available on the website at 4 pm ET, (2:30 a.m. IST on Nov 20). Whereas, the earnings call is scheduled at 5 pm ET (3:30 a.m. IST on Nov 20).

Nvidia Earnings | 5 Things To Watch In Q3 Results

The chipmaker, now the world's most valuable company by market capitalisation, sits at the heart of the debate on whether the AI-driven rally is morphing into a bubble or still has momentum left. Adding to the uncertainty, several marquee investors, including Masayoshi Son and Peter Thiel, have recently trimmed or exited their Nvidia positions, intensifying concerns about the sustainability of the AI boom.

"With every quarter that goes by, Nvidia earnings become more important in terms of clarification on where AI is moving and how much spending is being done," Reuters quoted Brian Stutland, chief investment officer of Nvidia investor Equity Armor Investments. For investors tracking Nvidia earnings, here are the five things to watch out in Q3 results.

Nvidia Revenue Growth

Nvidia is likely to snap its long streak of triple-digit growth during the quarter. The AI chipmaker is expected to report a 56% year-on-year jump in its revenue to $54.92 billion, reported Reuters, citing data compiled by LSEG.

The company's revenue growth is slowing over the past few quarters and may also see a further decline in the coming quarters, as per the news agency.

Nvidia AI Deals

The company's AI deals are crucial to estimate the progress in the AI business. The impact of AI deals, including Nvidia's $100 billion investment in OpenAI and $5 billion stake in chipmaker Intel, will be closely tracked by investors.

Business in China

One of the biggest opportunities for Nvidia, the market in China, remains uncertain because of the volatile relations between the US and China. While the tension between the two nations has reduced over the past few weeks, certain trade restrictions remain intact.

As China's indigenous firms like Huawei Technologies Co. and Cambricon Technologies Corp. are developing their own AI chips, Nvidia's plans to grow in China's market will be closely followed.

Nvidia Chips

Nvidia updates its chips annually, hence it makes older models appear obsolete faster. The company is also planning to bring more complex and larger systms that bundle graphics processors, central processing units, networking gear and a range of cooling options.

Growth Outlook

Any hits and misses in the quarterly earnings may significantly impact Nvidia share prices, the management's growth guidance and commentary will set the tone for future quarters.