NVIDIA CEO believes US tech companies will survive tariffs
In an interview with USA TODAY, Jensen Huang, CEO of the world’s most valuable company NVIDIA, discussed President Trump’s tariffs and manufacturing.
Nvidia (NVDA) is slated to report its second-quarter earnings after the bell on Wednesday, Aug. 27, roughly two weeks after the company agreed to pay the U.S. government 15% of the sale of its H20 chips to China.
Nvidia’s stock traded down to roughly $179 per share early on Tuesday, Aug. 27. By around 4 p.m. ET, its stock rose to about $182, according to Nasdaq.
Since Nvidia leads in artificial intelligence stocks, investors are eagerly awaiting the company’s financial results.
The company previously said it expected to lose $8 billion in the second quarter after President Donald Trump banned the sale of its chips to China in April. Trump later rescinded the ban, but it is not yet known to what extent the policy impacted the company’s revenue.
Nvidia is reporting results for a quarter that ended on July 27.
With all eyes on the company, here’s how to tune into Nvidia earnings:
What time is Nvidia expected to report earnings?
Nvidia will report earnings after the bell on Wednesday, Aug. 27. Financial results will drop after 4 p.m. ET, while an investor call will take place at 5 p.m. ET.
Where can I tune in?
Investors can tune into the call by signing up for the webcast on Nvidia’s website. The financial results will be posted here.
What are analysts expecting?
Analysts anticipate a 6.2% move for the stock, which could bring it to an all-time high of $192.88, or send it down to $170.66, mimicking its July levels.
The chipmaker’s earnings and sales are expected to jump 53% from a year ago to $45.9 billion, CNBC reported.
Still, investors will want to hear about how tariffs could shape the company’s future and how Nvidia plans to continue investing in AI infrastructure.
Out of the last 12 financial reports, Nvidia has topped estimates 11 times. The stock is currently up 30% year-to-date. In July, Nvidia became the first company to hit a $4 trillion market cap.
What happens if Nvidia misses expectations?
Nvidia currently makes up roughly 8% of the S&P 500. While poor earnings could send tech stocks down momentarily, the S&P 500 has yielded returns in most years since its inception.
Michelle Del Rey is a trending news reporter. Reach her at mdelrey@usatoday.com.
