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Nvidia's AI Demand and Record High Stock Prices Set Stage for Q3 Earnings Report
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Nvidia Earnings Report Expected to Provide Insights on AI Demand; Stock Hits All-Time High at Over $500
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Nvidia's upcoming earnings report is highly anticipated as the company's stock closed at an all-time high. Analysts are optimistic about the strong demand for Nvidia's AI chips, particularly in the Data Center segment. The company had previously guided third quarter revenue to $16 billion, plus or minus 2%. The focus is on the AI industry's impact on Nvidia's performance.