Overview
- Nvidia reports after Wednesday’s close on Nov. 19, with consensus at about $54.8 billion in revenue and roughly $1.22–$1.25 in EPS, pointing to near-56% sales and ~54% profit growth from a year ago.
- Options markets imply a roughly 6.2% stock swing in either direction on the results, the biggest expected move in over a year.
- Recent positioning heightened scrutiny, with SoftBank selling its entire stake and reports that Michael Burry is shorting the shares.
- U.S. export rules restrict sales of Nvidia’s highest-end Blackwell chips to China, and demand for China-specific variants has been softer than expected.
- The release arrives as government data return after a 43‑day shutdown, with the delayed September jobs report due this week and odds of a December Fed rate cut easing.