Nvidia Investors Brace Ahead of Q2 Earnings Report

August 26, 2025 - Wall Street is on edge as Nvidia Corp. (NASDAQ: NVDA) approaches its fiscal second-quarter earnings announcement tomorrow, seeking clear signals on AI demand and China revenues.

In a report published today, analysts told investors to focus on three pivotal indicators: the pace of U.S.-China sales recovery, data-center growth trends, and management’s forward guidance on AI pricing and supply chain dynamics. Fiscal Q2 revenue is forecast at $46.05 billion, up 52% year-on-year, with earnings per share projected at $1.01, according to FactSet consensus estimates. Data-center revenue-accounting for the bulk of Nvidia’s sales-is expected to increase by 57% to $41.34 billion, though this marks a slowdown from the previous quarter’s 73% surge.

Investors are particularly attuned to Nvidia’s commentary on export restrictions. Last quarter’s requirement for U.S. government licensing of H20 chips led to a $4.5 billion charge and suspended shipments to China. Market participants will scrutinize whether management outlines a clear timeline for resuming those sales and how it plans to mitigate geopolitical headwinds.

Options markets signal heightened volatility, with implied moves of roughly ±6% post-earnings. Long-term holders remain upbeat on Nvidia’s technological edge-driven by its latest Blackwell GPUs-while tactical traders prepare for a possible “sell-the-news” reaction if guidance disappoints.

Nvidia will report its results after markets close Wednesday, followed by a conference call at 2:00 PM Pacific Time. Investors will look for granular segment breakdowns and any shifts in margin expectations as Nvidia navigates a complex AI landscape.