Otherwise, you have to look at the cost of the near-term calls and puts.

Some brokers tell you the expected move outright. The options market provides an excellent picture of market expectations. You don’t have to fly into earnings completely blind. That said, if we break $220, then I’d become quite a bit more bearish. Second, we’ve seen positive responses out of the last few big players in the industry like Advanced Micro Devices (NASDAQ: AMD), Qualcomm (NASDAQ: QCOM) and Taiwan Semiconductor (NYSE: TSM). First, NVDA enters the event well off its highs, so we’ve already seen the stock punished. While it’s always a crapshoot guessing the direction of the earnings gap, I think the odds are against a significant decline. 19-22).Ħ:01 PM ET: A question about gaming GPU pricing and how much Nvidia sees it normalizing amid softening crypto-related demand.Source: The thinkorswim® platform from TD Ameritrade Once more talks up the impact of things such as new AI models, Omniverse and autonomous driving, and notes Nvidia will be making announcements at its next GTC conference (set for Sep. Reiterates Nvidia is seeing Gaming-related headwinds right now, while also saying demand for its Data Center products has never been stronger and that Automotive revenue is inflecting.

He also admitted the delayed rollout of Intel's next-gen server CPU platform (Sapphire Rapids) is disruptive, while adding server GPU sales to cloud clients remain supply-constrained and that Nvidia expects strong sales for its new H100 (Hopper) server GPU.Ħ:05 PM ET: Huang with some closing remarks. During the earnings call, CEO Jensen Huang said Nvidia thinks its sell-in of gaming GPUs to channel partners is well below end-demand (sell-through), and that it's looking to clear inventory ahead of upcoming gaming GPU refreshes.

Nvda stock earnings date 2022