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NVIDIA – Q3 2022 Earnings Forecast

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NVIDIA Corporation is a player in the personal computer gaming market, including Graphics Cards and Computing & Networking. The company has a total market capitalization in excess of $47 billion. $342.88B, will publish its Q3 2022 results after the market closes on November 16, (Wed),

The share price fell -55.06% The rise in interest rates has had a negative impact on the innovative sector. Borrowing is necessary to stay competitive since the beginning. Stress is also evident in the Dollar’s soaring price. (see below)

Note: BofA Securities reported that Nvidia should report revenue of $5.9 BillionThe decline would be 12% in sequential revenue and 17% annually. The firm predicted revenue of about $2.4 billion as of Aug. 24. $5.9 Billion The third fiscal quarter. Despite new US government requirements (new license to export H100 and A100 chips), the company indicated that it expects Q3 sales of approximately $1 billion. $400 million to China

BofA analyst Vivek Arya says the company may still have been able to “partially meet” demand from China. He believes the company will be able to guide…



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