Given how quickly business fundamentals have eroded in the second fiscal quarter, I believe that Nvidia’s guidance for FQ3 will be very disappointing and likely include a second consecutive decline in gross margins. Nvidia’s earnings release is timed for Augand the company is going to provide much anticipated details about the state of its Gaming business. After Nvidia's ( NASDAQ: NVDA) truly shocking pre-release of FQ2’23 earnings earlier this month, the chipmaker is getting ready to submit its full earnings scorecard next week.
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