Five U.S.-listed stocks and one Japan-listed company have risen between 6% and 33% after Nvidia revealed bumper earnings in the past.
Six artificial intelligence-related stocks tend to react positively to Nvidia 's quarterly results, according to
Pro analysis. It comes ahead of Nvidia's first-quarter earnings this year, which will be released Wednesday after the market close. Five U.S.-listed stocks — Super Micro Computer , AMD , Marvell Technology , Vertiv , and Synopsys — along with Japan-listed Advantest Corp have each risen between 6% and 33% in the past after Nvidia revealed bumper earnings.
Pro screened for chip stocks in the MSCI World index that rose in both the fourth quarter of 2023 and the first quarter of 2023. Wall Street analysts expect Nvidia to beat again on Wednesday, with estimates currently standing at $5.52 earnings per share. However, some have cautioned that how the AI chip stock will react this time around is less clear .
's Kif Leswing and Alex Koller contributed reporting.
Super Micro Computer Inc Advanced Micro Devices Inc Marvell Technology Inc GS Acquisition Holdings Corp Synopsys Inc Advantest Corp Advantest Corp Advantest Corp Earnings Business News
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