Nvidia Faces Its First Earnings Test Without Jensen Huang on November 17

Nvidia reports quarterly results on Tuesday, November 17, at about 22:20 Dutch time (21:20 UTC), five days after co-founder Jensen Huang left the company with immediate effect. CFO Colette Kress is leading Nvidia as interim chief executive, and the call with analysts follows at 23:00 Dutch time. Nvidia announced this schedule on October 28, before Huang’s exit was known.

Crypto Insiders puts last quarter’s revenue at about 82.5 billion euros, of which more than 76 billion came from AI data-center chips and systems. In August Nvidia guided to about 93 billion euros for the quarter now being reported, which would mean further growth. The question for investors is whether demand for AI computing stays strong enough to meet those expectations.

Nvidia’s outlook assumed no data-center chip sales in China, where US export limits make the market uncertain, so growth has to come from other countries and the new generation of chips. The company said production and delivery of its Vera Rubin systems began last quarter, but it also warned of supply constraints.

The results cover the period through October 25, so they say nothing about the effect of the investigation into Huang or his departure. The commentary can: Kress may be asked how Nvidia will pick a permanent successor and whether customers, product plans or investments are affected. That makes the earnings evening the first concrete test of Nvidia without its founder.

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Sources:

• Crypto Insiders: Nvidia krijgt dinsdag eerste grote test na vertrek Jensen Huang