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Nvidia earnings: Gaming and data-center should pave over any auto, crypto weakness

“Nvidia Corp. is expected to play to its core strengths rather than visionary side hustles this earnings season, as strong gaming and data-center sales overcome deficiencies in self-driving and cryptocurrency-mining” writes Wallace Witkowski for marketwatch.com. Analysts on average expect gaming revenue at Nvidia is expected to grow 47% to $1.75 billion from the year-ago period, according to FactSet data, with data-center revenue expected to jump 78% to $740.1 million.While Intel’s data-center revenue fell just shy of Wall Street consensus in its most recent earnings report, sales also grew 27% from the year-ago quarter.Still, the main engines of gaming and servers are expected to drive Nvidia over any bumps from waning crypto demand as it waits for more automotive revenue.
 
Source: marketwatch.com



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