Nvidia is back in the spotlight this week as it prepares to report earnings. Sales of its Blackwell chips are likely to be the key variable as the market gauges how long the chip maker will dominate the artificial-intelligence hardware market.

Artificial intelligence (AI) is proving to be a transformative force across industries, from cloud computing to retail, advertising, and factory automation, and we’re still only at the dawn of this tech revolution.

Nvidia CEO Jensen Huang delivers a speech in Tokyo, Japan on November 13, 2024. Chip design leader Nvidia (NVDA) plans to report earnings for the fiscal third quarter on Wednesday. The chipmaker is expected to report revenues of $33 billion for the third quarter of fiscal year 2025,

U.S. stock futures wavered early Monday as the market looked to rebound after its worst week in more than two months. After a busy few weeks, investors have another major event to digest in the coming days–Nvidia earnings.

Nvidia is scheduled to report third-quarter earnings on Wednesday. The post Prediction: Nvidia stock is going to soar after November 20 appeared first on The Motley Fool Australia.