Nvidia Set to Report Q2 Earnings, Expects $8 Billion Hit from China Chip Ban

Nvidia is set to report its Q2 earnings after the bell on Wednesday, with expectations of a $8 billion hit from a chip ban in China. The company's revenue is expected to reach $46.2 billion, up 53% YoY, and adjusted EPS of $1.01, up 49% YoY. Data center revenue is expected to hit $41.2 billion, and gaming revenue is expected to reach $3.8 billion. Investors will be watching for continued scaling of Nvidia's GB200 super chip and potential updates on the company's growth trajectory.