Nvidia to Keep Surfing Tech Spending Wave: Earnings Week Ahead
- Nvidia set to more than double sales, EPS for a fifth quarter
- Canadian banks to report wider-than-usual range of results
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Expectations heading into Nvidia Corp.’s Wednesday report are high, with analysts anticipating another strong consensus beat that could prompt the chipmaker to raise its profit guidance.
Nvidia is a direct beneficiary of the intense spending by companies building out artificial intelligence infrastructure, with the bonanza also set to show up in upcoming results of HP Inc. and Dell Technologies Inc.