Tech giant set to report earnings
Nvidia has been a powerhouse, fueled by the rise in AI and data centers, while also making strides in other sectors such as the automotive industry. It is now the biggest company in the world and the first to cross the $4 trillion market cap. The tech giant is scheduled to release its quarterly earnings report on Wednesday after the market closes.
Nvidia Earnings Report: Strong Revenue Growth Amid Tariff Pressures
Nvidia has been consistent in beating its consensus revenue expectation. For this highly anticipated quarterly earnings report they are expecting revenue of approximately $45.81 billion, which will be an increase of 52% but would be their slowest growth rate in the last four quarters. Despite the uncertainty in trade relations and shifting policies from both the U.S and Chinese governments, Nvidia continues to perform strongly, as reflected in its balance sheet.
Some of the downside risks are the changes in the new license rules for the H20 chips mainly designed for the Chinese market resulted in tariffs that amounted to approximately $4.5 billion. That hit affected their gross margins, which dropped to 60.5% from the expected 70.6%.
Technical Analysis of Nvidia Earning Report
Looking at the chart below we can see that the price has been rising within a well-defined bullish trend forming an ascending channel.
Price reached the high of $184.48. and has since pulled back in alignment with underlying fundamental factors.
The sharp drop in price from $175, which found support at the bottom of the channel came from the announcement from the Chinese government directing its tech companies to halt buying Nvidia chips on the 20th of August 2025 since then the bulls have failed to take price to the highs of the channel .
NVIDIA’s daily price chart.
source:trading view
Price on the lower timeframes.
On the 4-hour chart time frame we can see that price has been ranging between the July low of 164.70 and an August high of 183.14. These are the psychological levels to look out for potential market breakouts from either direction.
source: Trading view
- Bullish Scenario: With over 68 analyst from Bloomberg rating the stock as a buy, a break above the August high will set up the bulls to push price to reach the 200-price point and above.
- Bearish scenario: break below the 164.70 price point could invite the bears to take price lower to 149.50 level according to analysts.
