Nvidia Faces High Expectations Ahead of Q1 Earnings

Nvidia (NVDA) is set to report its fiscal first-quarter results, with Wall Street anticipating nearly $79 billion in revenue, while buyside whispers suggest closer to $81 billion, according to BeInCrypto. Shares have rallied from $165 in late March to $220.61, leaving little room for disappointment. A JPMorgan-distributed table highlights the gap between NVDA's official guide of $78 billion and buyside expectations of $80.97 billion. Forward expectations diverge further, with buyside desks predicting $89.71 billion for the July quarter. Jim Cramer warns of a potential sell-the-news pattern, noting NVDA's tendency to spike initially before reversing. The real catalyst lies in the July guidance and commentary on China and margins. Any change in Nvidia's outlook on data-center revenue from China could significantly impact the stock.