What to Watch for In Nvidia Earnings After the Bell

Summary

Bloomberg's Ed Ludlow discusses Nvidia's upcoming earnings with high expectations for guidance from Jensen Huang. The bar is elevated with expected top line growth of 80% and EPS growth of 85%. China remains a psychological overhang as the base case assumes zero revenue from China despite a $50 billion opportunity.

• Nvidia reports earnings after the bell with high market expectations.
• Analysts expect a beat and raise on guidance.
• Demand continues to vastly outpace supply according to Jensen Huang.
• The stock had been flirting with correction territory recently.
• China is a key overhang with zero revenue assumed in base case.
• Nvidia's CEO sees a $50 billion opportunity in China but faces export restrictions.