Nvidia Announcing Q2 Earnings Results Amid Decline in Data Center Sales

Nvidia

NVDA stock will be in special focus this week as the company is all set to report its quarterly earnings. Nvidia Corp (NASDAQ:NVDA) is scheduled to announce its second-quarter earnings on August 15.

The company may face challenges of overcoming high expectations in its data center business following the release of new gaming cards. This plus the recent selloff of equities could hurt NVDA stock as stockholders focus on the company’s second-largest business instead of its core business.

Waning Data Center Sales

The company’s main products are the Tegra processors and graphic processing units ...

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