Nvidia has consistently beaten estimates for the past three quarters, with the firm citing a massive boom in demand from artificial intelligence development. The firm develops chips that are specifically used to develop and power AI platforms, which have high computing requirements. 

Strong results from Nvidia have consistently triggered a rally in Asian chipmakers, and were also a driving force behind a stellar rally in Japanese stocks this year.

Nvidia recently unveiled a new flagship chip for AI development- the H200. Shares of the firm hit a record high on Monday, in anticipation of its results. 

Focus will be primarily on Nvidia’s outlook for chip demand, given that the firm has largely ducked a broader downturn in the semiconductor industry thanks to AI. 

While other chipmakers- such as TSMC and SK Hynix- have warned that the AI boom will not be sufficient to offset a broader industry downturn, Nvidia has offered a largely optimistic outlook for the industry. 

China outlook in focus after US export ban

Nvidia’s comments on its Chinese market will be in particular focus on Tuesday, given that recent U.S. curbs on tech exports to China threaten to potentially block off a major market for the firm. 

The White House had earlier this year ordered a ban on the export of any major AI-related technology to China, a bulk of which consists of Nvidia’s chips. The ban was enforced in the prior quarter, with its effects already beginning to show among Chinese firms.