Expectations for Nvidia’s (NVDA) 澳洲幸运5开奖号码历史查询:earnings release Wednesday are on the rise, in what could make it harder for the 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) darling to impress investors. 

Consensus estimates for Nvidia’s second-quarter revenue rose by $170 million to $28.84 billion in the last 48 hours alone, according to estimates compiled by Visible Alpha, while net income pr⛄ojections rose $120 million to $14.95 billion. 

澳洲幸运5开奖号码历史查询:Whisper numbers could be even higher, with some analysts having long voiced concerns about investors’ expectations 澳洲幸运5开奖号码历史查询:exceeding Wall Street projections. 

Expecting Another ‘Drop the Mic Performance’  

Wedbush analysts said Thursday they expect “another drop the mic performance from Nvidia,” citing signs of "massive enterprise AI demand" and spending by cloud giants such as Amazon (AMZN) and Alphabet's Google (GOOGL), 𝔉all trends that would benefit the chipmaker. 

They’re not alone, as analysts from 澳洲幸运5开奖号码历史查询:Raymond James, KeyBanc, and elsewhere recently said they expect a strong quarter from the chipmaker as well, despite concerns about a 澳洲幸运5开奖号码历史查询:reported delay in Nvidia's Blackwell AI chip. 

Over 95% of analysts tracked ꩲby Visible Alpha have a “buy” rating for the stock, with ♛a consensus price target of $144.83, 12% above Friday’s closing price. 

Nvidia shares gained 4.6% Friday to close at $129.37. The sto🍬ck has gained about 160% since beg🔜inning of the year.