Nvidia Earnings Week: Michael Burry Warns Of Circular Revenue
Nvidia (NVDA) will release its quarterly earnings report after the market closes on Wednesday, August 26, 2026. Nvidia (NVDA) has had a stellar year so far, rising the ongoing AI wave. Analysts anticipate the company to continue its upswing, delivering record revenue. However, prominent market figure Michael Burry has warned about potential circular revenue. Let’s discuss what investors can expect.
Nvidia Quarterly Earnings This Week: Will Stock Price Surge?
Analysts anticipate Nvidia (NVDA) to report about $92 billion in revenue. The figure, if true, will reflect a strong year-on-year growth. Data center sales are expected to be the primary drivers for the company’s revenue, at $85.4 billion, up 107%. Hyperscaler revenue is expected to reach $43.5 billion, while ACIE sales are projected to reach $41.7 billion. Meanwhile, the company’s second quarter adjusted earnings per share (EPS) is expected to hit $2.09, while stock prices could see a 6% movement.
Nvidia (NVDA) is also expected to benefit from SpaceX deciding to build exclusively using Nvidia chips. CEO Elon Musk stated after SpaceX’s earnings call that the company has decided to build solely on Nvidia, stating that the company offers the best hardware to build on.
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