Here’s what Wall Street expects from Nvidia’s 4th-quarter earnings

• Nvidia is set to report its fourth-quarter earnings after the market close on Wednesday.

• The highly anticipated report will shed light on the booming AI business in the tech space.

• Here’s what Wall Street expects from Nvidia’s upcoming earnings report.

All eyes are on Nvidia as it is scheduled to report its fourth-quarter earnings results on Wednesday after the market close.

Nvidia has spearheaded the excitement seen in artificial intelligence technologies, and investors will look to the company’s results to see if the hype can continue.

Wall Street analysts are laser focused on the company’s demand outlook for its AI-enabled H100 GPU chips, which can sell for upwards of $40,000, as well as its planned product roadmap over the next year.

Here are the quarterly figures Wall Street expects from Nvidia, according to data from Bloomberg:

While Nvidia has seen incredible demand for its chips from cloud hyperscalers like Microsoft and Amazon, regulatory hurdles have curtailed its ability to sell chips to China, which made up about 20% of its total revenue last year.

Driving much of the strength in Nvidia’s business has been its exposure to data-centers. Investors will be looking to see just how much demand could be left for the data-center market, and whether Nvidia has lost any market share to its competitors like AMD.

Here’s what Wall Street analysts are saying about Nvidia’s upcoming earnings report.

1. Wedbush: ‘Get the popcorn ready’

Wedbush analyst Dan Ives said in a note on Monday that Nvidia’s quarterly results and outlook will hinge on enterprise spending.

“The AI revolution starts with Nvidia and in our view the AI party is just getting started,” Ives said.

“While the Street across the board is anticipating another major ‘beat and raise’ special from Jensen & Co. its all about the pace of data center AI driven spending as the only game in…