Investors are eagerly awaiting Nvidia's first quarter earnings report, which is expected to have a significant impact on the stock market. Nvidia, a leading semiconductor company known for its AI chips, has experienced explosive growth and is considered a bellwether for the AI industry.
Analysts anticipate substantial revenue and profit growth fueled by the demand for its chips amid the AI boom. The company's performance will be closely watched to see if it can sustain its rally and provide insights into the current health of the consumer.
The outcome of Nvidia's report will also affect the risk appetite of investors and may influence the global stock market.
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