Nvidia is poised to report its fiscal first-quarter earnings, and there is speculation about the topics that CEO Jensen Huang may address during the call. Traders on Kalshi predict a 50% chance that Trump will be mentioned, especially following Huang's participation in Trump's trip to China for a summit with President Xi Jinping.
The uncertainty surrounding Nvidia's H200 chip sales in China adds to the intrigue, as Trump indicated that discussions about the chip did not occur during the summit, despite reports of U.S. government approvals for Chinese firms to purchase it. The call is also expected to touch on tariffs, with a 57% likelihood that this topic will arise, given the 25% tariff imposed on chips sent to China.
However, the chances of discussing Taiwan have significantly decreased from 78% to 15%, reflecting the lack of clarity on whether Taiwan was a topic of discussion during the summit. Additionally, there is a 55% chance that humanoid robots will be mentioned, a new topic for Nvidia's calls, following Huang's earlier comments about advancements in robotics.
Overall, the earnings call could provide critical insights into how Nvidia navigates the complex landscape of international trade and technology