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Nvidia Earnings Awaited Amid Rising PPI, Retail Spending Test

5/17/2026

Summary

Nvidia Earnings

Nvidia will report first-quarter earnings on Wednesday, drawing market focus.
Analysts will gauge spending to decide if the chipmaker’s valuation and hype are justified.
Nvidia shares have risen 36% since the March low, while the S&P 500 is up nearly 17%.
Home Depot, Target, Lowe’s, Walmart and TJX will report earnings this week, testing consumer spending.
April’s Producer Price Index posted its rise since March 2022 while gasoline prices topped $4.50 per gallon.

Summary

Nvidia Export Deal

The Biden administration granted export licenses allowing shipment of up to 750,000 Nvidia H200 processors to ten Chinese firms, including Alibaba.
Analysts estimate the approved H200 sales could generate up to $26 billion in revenue for Nvidia.
That $26 billion represents roughly one-third of Nvidia’s projected $78 billion first-quarter earnings.
As of the announcement, none of the Chinese companies have received the H200 chips.

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Nvidia Earnings

Nvidia will report first-quarter earnings on Wednesday, drawing market focus.
Analysts will gauge spending to decide if the chipmaker’s valuation and hype are justified.
Nvidia shares have risen 36% since the March low, while the S&P 500 is up nearly 17%.
Home Depot, Target, Lowe’s, Walmart and TJX will report earnings this week, testing consumer spending.
April’s Producer Price Index posted its rise since March 2022 while gasoline prices topped $4.50 per gallon.

1 / 2