Nvidia, Salesforce Are in Spotlight This Week
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Some of the hardest-working people in tech right now have to be the corporate communications folks at Nvidia, which is pretty much never out of the news. Aside from updates on its latest AI chips, Nvidia seems to be investing in almost every part of the AI sector, from data center developers to AI model makers to data-labeling providers. And this week, we get Nvidia’s second-quarter earnings, which will help explain how the company can afford to do everything it’s doing.
In truth, its trajectory continues to be extraordinary. After revenue growth slowed to 65% in its last fiscal year, from 114% the year before, Nvidia’s growth is now accelerating—analysts expect revenue this year to grow 83%, according to S&P Global Market Intelligence. And Nvidia is expected to report this week even faster growth, of 97%, for the July quarter.
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