NVIDIA Watch posted an update
Nvidia and Micron are expected to account for more than a third of S&P 500 earnings-per-share growth in the third quarter, according to a ZeroHedge analysis reported by Yahoo Finance. The analysis also says AI infrastructure companies could drive more than half of the index’s growth.
Why it mattersThose are estimates, not reported results. Still, they offer a timely measure of how much the market’s earnings outlook is leaning on AI infrastructure, with the earnings season now in view.
Discuss: If AI infrastructure is expected to drive so much earnings growth, what would convince you that the investment is producing durable returns rather than just a powerful forecast?
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