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Nvidia Q2 earnings forecast amid concerns about AI chip returns

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Chip stocks have struggled to hold gains after July steep declines driven by fears that companies may not see returns on vast AI spending. For the quarter, analysts expect Nvidia to report adjusted EPS of $2.09 on $92B revenue, with Data Center sales forecast above $85.4B. Nvidia also is working to establish a $500B capital pool to securitize its GPUs and backing plans for an Ohio 8-gigawatt data center.

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