Nvidia's Blackwell demand, govt. AI spend key areas for Q4 results
Nvidia's (NVDA) upcoming fourth quarter results — due out next Friday, February 28 — are expected to be pivotal, as the company begins shipping its new Blackwell AIchips. Francisco Bido, senior portfolio manager at FM Investments, joins Catalysts to point out that the demand for the new Blackwell chips will be a critical indicator of Nvidia's performance. "I'll be paying lots of attention to the demand for the new Blackwell chips. That's one thing. And, I'm also interested in seeing if they're willing to discuss how foreign governments and US government is going to increase their spending in AI if they have any hints where that's going," Bido says. Regarding the development of Chinese artificial intelligence (AI) platform DeepSeek, Bido believes it will benefit the AI industry by expanding its user base. "DeepSeek is basically a good thing for the AI industry. It's a way of making it widely available to many other potential users, and, if anything, it just widens the ecosystem and accelerates the early adoption of AI," he says. On market volatility, Bido anticipates disruption from uncertainty around tariffs. "It's not so much whether they get implemented or not. It's just the threat of having them... that forces the people on the other side or the countries on the other side to think about diversification regardless if they're getting implemented or not," Bido explains. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch
