Nvidia's Q3 Earnings: Wall Street Awaits Impact of AI Demand

Nvidia is set to release its third-quarter earnings, with Wall Street closely monitoring demand for its upcoming Blackwell GPU chip. Despite a 197% year-to-date stock increase, Nvidia shares dipped 2% ahead of the earnings report. Analysts expect strong revenue growth, driven by demand for Nvidia's GPUs, and are particularly interested in guidance for the Blackwell chip, which is expected to ramp up production by 2025. The options market anticipates an 8% stock swing post-earnings, reflecting significant investor interest and potential market impact.