Nvidia will release its earnings on November 17, at a time marked by a leadership transition. After the resignation of founder and CEO Jensen Huang, Colette Kress has stepped in as interim CEO. Investors will focus particularly on revenue, gross margins, and the company’s outlook amid AI demand, export restrictions to China, and competition from AMD and Broadcom. The report may also show changes in AI spending plans by Microsoft, Meta, and Amazon, as well as any shifts in the U.S. export policy for Nvidia products. Markets currently price in a strong possibility that the stock will close above $140 by the end of November.
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