Nvidia reported earnings after the bell. Here are the results.

• Earnings per share: 68 cents adjusted. That may not be comparable to the 64 cents per share that LSEG expects.
• Gain: $30.04 billion. That may not compare to the $28.7 billion that LSEG expected.

Nvidia has been the main beneficiary of the ongoing AI boom, with its market cap increasing more than ninefold since the end of 2022.

Investors will be looking for signs that demand for AI remains strong. While analysts expect Nvidia to post a fourth straight quarter of triple-digit revenue growth on Wednesday, year-over-year comparisons are much trickier, with overall growth expected to slow over the next seven quarters.

Nvidia’s October quarter guidance will be crucial to justifying the company’s stock price. Analysts expect 71 cents in earnings per share on $31.8 billion in sales, which would represent annual revenue growth of about 77%.

Nvidia CFO Colette Kress is likely to provide investors with some data points during a call with analysts, detailing the returns customers are getting on their Nvidia orders.

Investors also want to know when Nvidia’s next-generation Blackwell AI chips will launch. Earlier this year, Nvidia CEO Jensen Huang said the company expects to make “a lot” of revenue from the new chips this year, but analysts and media reports have suggested the new chips may be delayed.

Even with a potential delay from Blackwell, that revenue could be pushed to the next quarter, while sales of the current generation Hopper, particularly the newer H200 chip, get a boost.