Nvidia is set to report its fiscal first quarter results, with expectations of adjusted earnings per share (EPS) of $0.88 on revenue of $43.3 billion, a significant increase from $26 billion in the same period last year. The anticipated growth is driven by a projected 74% year-over-year increase in Data Center revenue, expected to reach $39.2 billion, alongside a rise in gaming revenue to $2.8 billion. This growth comes despite challenges from export controls and tariffs affecting its H20 chip sales to China, which have led to a $5.5 billion write-down.

The company has recently received a reprieve from certain export restrictions, allowing it to pursue new deals, including a partnership with Humain, an AI startup in Saudi Arabia. This strategic move aligns with Saudi Arabia's ambitions to become a regional AI hub, potentially providing Nvidia with a deep-pocketed customer base. Analysts are optimistic about Nvidia's ability to navigate regulatory challenges and capitalize on the growing demand for AI technologies, particularly in the Middle East.