Nvidia's earnings report could decide AI's fate

Nvidia, the world's most valuable company, releases its quarterly earnings report tonight, a moment seen as critical for the AI sector's credibility amid recent market turmoil. The chipmaker is expected to report doubled revenue of $92 billion and doubled profits of about $50 billion for the second quarter, according to analyst forecasts. Concerns are rising that customers face higher memory prices and borrowing costs, potentially signaling an AI bubble. Nvidia has been offering financing packages, including a recent $500 billion deal with banks, to help customers afford data centers. The report comes after summer stock market worries about the AI boom's sustainability, with results due at 10 PM on Wednesday.