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BTCC / BTCC Square / Global Cryptocurrency /
Nvidia Poised for Another Strong Quarter Amid AI Demand Surge

Nvidia Poised for Another Strong Quarter Amid AI Demand Surge

Author:
Global Cryptocurrency
Published:
2025-10-31 11:29:02
8
1
BTCCSquare news:

Nvidia (NVDA) is expected to deliver another robust earnings performance when it reports Q3 FY26 results on November 19, according to Goldman Sachs analyst James Schneider. The firm maintains a Buy rating with a $240 price target, anticipating a 'beat-and-raise' quarter driven by sustained demand for AI infrastructure from major tech and cloud providers.

Investor expectations remain elevated following Nvidia's recent GTC event, where the company unveiled new AI products and updates. Schneider highlights data center growth and accelerating adoption of AI systems as key catalysts. The earnings call will be closely watched for updates on Nvidia's $500 billion data center forecast, OpenAI's 2026 chip deployment timeline, and progress on next-generation Rubin chips.

China-related business developments will also be in focus, as U.S. export controls continue to impact operations. Nvidia's ability to maintain its AI chip market leadership amid intensifying competition remains the central narrative.

|Square

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