NVIDIA Q3 FY23 Earnings Preview — Betting the % change in closing after-hours price to win!

Place your Bet on NVDA's percentage change in closing after-hours price (e.g.+3%) of November 16 ET by 7:00 PM, November 16 ET. The mooer with the closest bet will win 300 points!

The 10th, 20th, 30th, 40th and so on mooers to comment will get 30 points.

NVIDIA 's Q3 FY23 Earnings Conference Call is to be hosted on November 16 ET, after the U.S. markets close! The consensus estimate for revenue is expected at $5.81 billion, indicating a nearly 18.23% YoY decrease. The EPS is estimated at $0.702 for this quarter.

In Q3, the U.S. government introduced an export control indicating that Nvidia and other companies' high-grade GPUs can not be exported to China, and later even a ban on the provision of certain chips produced using U.S. equipment to China. The new regulations significantly expand the scope of restrictions to non-U.S. companies and may hurt Nvidia's revenue and future growth in one of the largest markets in the world.

On November 14, Berkshire disclosed new stakes of more than $4.1 billion in Taiwan Semiconductor Manufacturing, a rare significant foray into the chips sector by Warren Buffett's conglomerate. Actually, the whole sector is heading down from the perspective of stock performance this year due to a sharp slowdown in global chips demand. Warren Buffett focused on long-term value and proved it many times, like OXY and BYD. With dropped stock prices, there may be opportunities in the semiconductor sector.

Earnings growth will be in focus, when the global economic backdrop has been rocky this year. The upcoming earnings results might offer more information and create more trading opportunities!

Rewarding points will be distributed within 5-7 working days after the results are announced.

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