00:00All eyes on Wall Street are locked on NVIDIA tonight as the chip giant reports its first quarter fiscal results
00:06after the closing bell.
00:08Analysts are expecting earnings of $1.78 per share, up 120 percent year over year, on revenue of $79.2
00:16billion, which would represent nearly 80 percent growth from a year ago.
00:21The results have a chance to confirm that the chip stock rally has more room to run or add another
00:26brick to investors' wall of worry.
00:28The forward guidance for Q2 carries weight as NVIDIA transitions from its Blackwell architecture to its next-generation Vera Rubin
00:37architecture.
00:37With a market cap of approximately $5.4 trillion, NVIDIA would need to gain around 11.5 percent to become
00:45the world's first member of the $6 trillion club.
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