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Santa Clara, California-based NVIDIA Corporation (NVDA) is a key innovator of computer graphics and AI technology. The company provides graphics and compute and networking solutions. With a market cap of $4.9 trillion, NVDA develops a platform for scientific computing, AI, data science, autonomous vehicles, robotics, metaverse, and 3D internet applications. The chip giant is expected to announce its fiscal first-quarter earnings for 2027 after the market closes on Wednesday, May 20.
Ahead of the event, analysts expect NVDA to report a profit of $1.70 per share on a diluted basis, up 120.8% from $0.77 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.