You are using an older browser version. Please use a supported version for the best MSN experience.

Nvidia Earnings: 3 Things to Watch

Nvidia reports its latest earnings on, Thursday, August 15, after the bell, and investors will likely focus in on details of Nvidia's Mellanox deal and demand for some of Nvidia's core businesses. Nvidia announced its $6.9 billion acquisition of Mellanox in March 2019, but because of the proportion of both firm's sales in China, Chinese regulators could move to torpedo the deal. Investors have been wary of such a scenario amid escalating trade tensions between the U.S. and China. On Thursday, we could hear more color on how the talks are progressing. Gaming is another likely subject of focus. In April, Nvidia reported a 39% yearly decline in gaming revenue owing partly to lower Nintendo Switch processor sales and as well as channel inventory-clearing efforts. Analysts anticipate another year-over-year drop in gaming revenue, but await more detail on the demand and inventory picture going forward. Meanwhile, datacenter revenue year-over-year during Nvidia's April quarter to $634 million. The July quarter consensus is for segment revenue to be down 12% to $671 million. However, there are signs that cloud demand could pick up again in the second half of the year, which would be welcome news for investors. Premium Pick: Just How Low Could Interest Rates Go in This Environment? Jim Cramer: This Market Is About the Yield Curve, Not the Fundamentals Ask the Expert: What is The Future of Cannabis Legalization? TheStreet Explains: How to Use a P/E Ratio When Picking Stocks Dog Days of Summer: Why Investors May Be Seeing the End of the Dog Days of Summer C-Suite: AMD CEO Lisa Su Talks New Chips, Confirms She's Staying: 'I Have A Lot to Do' Ready to Retire: The Biggest Threat to Your Retirement? Check Your Basement Success: Top Women Leaders Share the Keys to Business Success Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

Recent Videos

Featured Partners

image beaconimage beaconimage beacon