00:00Wall Street expects NVIDIA to report earnings of $1.74 per share on revenues of nearly $79 billion
00:08when the company releases its Q1 fiscal 2027 results this Wednesday, May 20th,
00:14driven by strong demand for the company's Blackwell chips and Grace Blackwell platforms.
00:19NVIDIA's market cap now sits near $5.71 trillion, the largest in the world,
00:25following a rally that's lifted the chipmaker 20 percent over the past month and 27 percent
00:31year-to-date. In a notable development, Reuters reported that the U.S. government has approved
00:37sales of NVIDIA's H200 AI chips to 10 Chinese tech companies, and CEO Jensen Huang is currently
00:44in Beijing with the U.S. trade delegation, raising hopes.
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