Nvidia Q1 FY2023 Earnings Report Preview: What To Look For?

$NVIDIA(NVDA.US)$ is coming off two years of soaring profits and revenue, much of it spurred by the rise in online activity during the COVID-19 pandemic. The shift to online entertainment and remote work during the pandemic helped fuel demand for both Nvidia's gaming and data center products.

Now, Nvidia says it is focusing on building on that growth by investing in new products, including on chips aimed at expanding its lead in artificial intelligence.

Analysts estimate adjusted EPS of $1.30 vs. $0.91 in Q1 FY 2022.Data center revenue is expected to rise at a torrid pace YOY.Companywide revenue is expected to increase, but at a slower pace than in recent quarters.