JPM - Wall Street Brunch: Here Comes Nvidia
2024-05-19 13:08:00 ET
Summary
- Nvidia is expected to report strong earnings with tripled data center revenue and a 16.7% increase in gaming segment revenue.
- The Fed is reportedly looking to reduce the capital requirement increase for the biggest banks.
- UBS recommends investing in companies along the AI value chain, including semiconductors, internet, and data centers, as global AI revenue is projected to exceed $400 billion in the next three years.
Analysts generally expect another boost in guidance from Nvidia. (0:17) Big win for banks in capital requirement plans? (3:57) UBS picks its favorite AI stocks . (5:59)
Wall Street will hear for the biggest stock in the market currently when Nvidia ( NVDA ) reports earnings on Wednesday....
Wall Street Brunch: Here Comes Nvidia