Nvidia earnings will be major test for AI demand, market rally

Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of ChatGPT and other generative artificial intelligence apps, virtually all of which are powered by its graphics processors. Nvidia shares have tripled in value this year, adding more than $700 billion to the company'smarketvaluation and making it the first trillion-dollar chip firm. They closed 8.5 higher on Monday, their biggest jump in nearly three months. The blistering rally in its shares means that Nvidia has little room for any earnings-related disappointm...

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