Nvidia reports fiscal 2027 first-quarter results on May 20 after forecasting $78 billion in revenue, while Meta lifted capex to $145 billion and Microsoft planned $190 billion for 2026.
Investors will watch whether Nvidia beats expectations and raises second-quarter guidance above Wall Street's $86.6 billion estimate, as stronger AI infrastructure spending could drive further data-centre chip demand.
The company says Vera Rubin systems should ship commercially in the second half, while its stock trades at about 23.8 times expected fiscal 2027 earnings despite revenue surging 65% last year.
With AI's trillion-dollar price tag, can customers' profits justify the colossal spending on Nvidia's next-gen chips?
Vera Rubin's infrastructure demands are immense. Could this complexity finally create an opening for Nvidia's rivals?
As AI's power thirst threatens global grids, is Nvidia's rapid growth creating an unavoidable energy crisis?
Navigating Nvidia’s AI Dominance and China Challenges: What to Expect from the May 2026 Earnings Call
Overview
Nvidia's upcoming May 20, 2026 earnings call is highly anticipated as investors look for confirmation of its record revenue and earnings growth driven by strong demand for AI data center solutions. While analysts overwhelmingly recommend buying the stock, recent market caution means Nvidia must not only exceed expectations but also provide confident future guidance amid complex geopolitical challenges, especially in China. The company's leadership in next-generation AI chips and a massive global AI infrastructure spending surge support a long-term growth outlook. However, risks from competition, supply chain delays, and regulatory pressures create volatility, making cautious optimism and buying on dips a favored investor strategy.