Expectations for Nvidia’s (NVDA) 澳洲幸运5官方开奖结果体彩网:earnings release Wednesday are on the rise, in what could make it harder for the 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) darling to impress investors. 

Consensus estimates for Nvidia’s second-quarter revenue rose by $170 mil🐬lion to $28.84 billion in the last 48 hours alone, according to estimates compiled by Visible Alpha, while net income projections rose $120 million to $14.95 billion. 

澳洲幸运5官方开奖结果体彩网:Whisper numbers could be even higher, with some analysts having long voiced concerns about investors’ expectations 澳洲幸运5官方开奖结果体彩网:exceeding Wall Street projections. 

Expecting Another ‘Drop the Mic Performance’  

Wedbush analysts said Thursday they expect “another drop the mic performance from Nvidia,” citing signs of "massive enterprise AI demand" and spending by cloud giants such as Amazon (AMZN) and Alphabet's Google (GOOGL), all trends that would benefit the chipmaker.&☂nbsp;

They’re not alone, as analysts from 澳洲幸运5官方开奖结果体彩网:Raymond James, KeyBanc, and elsewhere recently said they expect a strong quarter from the chipmaker as well, despite concerns about a 澳洲幸运5官方开奖结果体彩网:reported delay in Nvidia's Blackwell AI chip. 

Over 95% of analysts tracked by Visible Alpha have a “buy” rating for the stock, with a consensus price target o🦩f $144.83, 12% above Friday’s closing price. 

Nvidia shares gained 4.6% Friday to close at $129.37. ꦓThe stock has gained about 160% since beginning of the year.