Catenaa, Friday, May 23, 2025-Nvidia stock remained mostly flat this week as investors await the AI chipmaker’s fiscal first-quarter earnings scheduled for May 28.
Shares closed down 1.9% Wednesday at $131.80 after earlier gains, reflecting cautious sentiment ahead of the report.
At the Computex trade show in Taiwan, CEO Jensen Huang unveiled new developments in AI, quantum computing, robotics and factory simulations.
He introduced NVLink Fusion, a new technology enabling Nvidia chips to work with competitors’ processors, a move praised by analysts as responsive to customer demands.
Citi analyst Atif Malik reaffirmed a buy rating on Nvidia with a $150 price target, noting the company’s adaptability.
Meanwhile, TD Cowen’s Joshua Buchalter called Nvidia his “top compute pick” but expressed skepticism that the upcoming earnings report would significantly move the stock.
Analysts expect earnings of 88 cents per share on $43.26 billion in revenue, representing 44% and 66% year-over-year growth, respectively.
The report will also reflect a $5.5 billion charge related to H20 inventory blocked from sale in China due to US export restrictions.
Huang criticized US trade controls on advanced chips to China, calling them a failure that has prompted China to develop domestic AI technology, cutting into Nvidia’s market share.
He expressed hope Nvidia would regain access to China, despite the White House maintaining restrictions over security concerns.
Investors closely watch the earnings announcement to gauge Nvidia’s momentum in the competitive AI chip sector.
