NVIDIA Earnings: Key Metrics to Watch

The Q3 earnings cycle continues to roll along, with this week’s reporting docket highlighted by none other than AI poster-child NVIDIA NVDA. The release will wrap up the reporting cycle for the broader Mag 7 group as well, whose growth has continued to remain strong as a whole.Given the importance of the release, let’s take a look at a few key metrics to keep an eye out for.Data CenterTo little surprise, Data Center results from NVIDIA will be the major focus, which have been the primary driving force behind its positivity over recent years. Unrelenting demand has led to huge growth, with everybody wanting the AI GPUs.Below is a chart illustrating the company’s Data Center sales on a quarterly basis. Our consensus estimate for Data Center sales for the quarter to be reported stands at $49.1 billion, suggesting 60% YoY growth.Image Source: Zacks Investment ResearchGamingNVIDIA’s Gaming results, although now a much smaller part of its business, are also worth investors’ attention due to its dominant position in the gaming industry. Its cutting-edge gaming GPUs are also getting a boost thanks to its advancements in AI capabilities, a key aspect to keep in mind as we increasingly wade into the AI era.Our consensus estimate for Gaming sales stands at $4.6 billion, 40% higher than the year-ago figure of $3.3 billion. Below is a chart illustrating the company’s Gaming sales on a quarterly basis.Image Source: Zacks Investment ResearchBottom LineNVIDIA’s NVDA release will wrap up the reporting cycle for the Mag 7 group, whose results were overall positive and constructive. It’s more than reasonable to expect the AI favorite to spend the bulk of its time discussing the AI outlook, primarily focused on the Data Center.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks