<div id="readability-page-1"><div><div>NVIDIA Corp NVDA is slated to release its second-quarter report with a heavy policy hangover: a forecasted $8 billion impact related to U.S. chip-export restrictions to China.NVDA is gathering positive momentum. See if it is worth your attention here.That number, initially mentioned on the company’s first-quarter call, will be heavily watched when the AI giant reports Wednesday after the bell. And the effect may run far deeper than Nvidia shares, tugging at the strings of the semiconductor ETFs in which Nvidia has significant influence.Trump’s regulatory whiplash — prohibiting chip exports to China in April, repealing the prohibition in July and then imposing a 15% tariff on sales into the country in August — has caused investors to doubt the sustainability of Nvidia’s revenue streams. The warning is that China is still an important market, and any turmoil there can tarnish sentiment for chipmakers generally.Also Read: Nvidia’s Epic Stock Run Hits A Wall—And $150 Is Suddenly In Focus<h2>ETF Exposure Under The Microscope</h2>Nvidia’s presence in ETFs is widespread. It’s the top holding in the VanEck Semiconductor ETF SMH and iShares Semiconductor ETF SOXX, with weightings above 20% and 15%, respectively, and a major part of the Invesco PHLX Semiconductor ETF SOXQ. A sudden shift in Nvidia can pull these baskets, along with other tech funds such as Invesco QQQ Trust QQQ and Technology Select Sector SPDR Fund XLK.The options market is already preparing for volatility, with traders factoring in a possible $260 billion swing in Nvidia’s market cap after earnings, per a Reuters report. That sort of move would be magnified across ETFs, particularly those highly concentrated in semiconductors.<h2>Ripple Effects For Peers</h2>Nvidia’s performance tends to lead the way for its industry. If Wednesday’s report validates a significant China disappointment, investors may rotate out of high-exposure names such as Advanced Micro Devices Inc AMD, Broadcom Inc AVGO and Marvell Technology Inc MRVL, even if their China risk is lower. While chipmakers with larger domestic footprints, such as Intel Corp INTC, might profit if tariff rhetoric becomes more significant.Those who have followed the AI tide higher are especially well-positioned to capitalize on the risk rebalancing Nvidia’s earnings present. While policy tension and ETF concentration do make Nvidia a risk point in the sector, the firm’s data center tailwind, which is projected this quarter at $41.2 billion, is no less potent.<ul> <li>Nvidia Rally Meets Moment Of Truth: What It Means For Tech ETFs</li> </ul>Photo: Hepha1st0s via Shutterstock</div></div></div>

Nvidia will release its first quarter report for fiscal year 2026 ending April 27, 2025. 

According to analysts surveyed by FactSet, Nvidia's first-quarter revenue is expected to increase 66% year-on-year to $43.3 billion; adjusted earnings per share will increase 44% year-on-year to $0.88. The growth rate of revenue and profits has slowed significantly compared with the same period last year. In the same period last year, Nvidia's revenue increased by 262% year-on-year, and its adjusted earnings per share increased by 461% year-on-year.

Nvidia will release its first quarter report for fiscal year 2026 ending April 27, 2025. According to analysts surveyed by FactSet, Nvidia's first-quarter revenue is expected to increase 66% year-on-year to $43.3 billion; adjusted earnings per share will increase 44% year-on-year to $0.88. The growth rate of revenue and profits has slowed significantly compared with the same period last year. In the same period last year, Nvidia's revenue increased by 262% year-on-year, and its adjusted earnings per share increased by 461% year-on-year.

NVIDIA Financial Results for Q4 Fiscal 2025

NVDA

NVDL

07788

07388

NVDY

NVDD

NVDX

NVDQ

SOXL

Nvidia is set to report its second-quarter earnings, facing an anticipated $8 billion impact from U.S. chip-export restrictions to China. This forecast, initially mentioned in its first-quarter call, raises concerns about the sustainability of Nvidia's revenue and its influence on semiconductor ETFs. Nvidia is a major holding in several ETFs, and its performance could lead to significant market shifts, affecting peers like AMD and Broadcom. The options market anticipates volatility, with a potential $260 billion swing in Nvidia's market cap post-earnings, highlighting the risks and opportunities in the semiconductor sector.

- NVIDIA Corp is set to release its second-quarter report, facing an $8 billion impact from U.S. chip-export restrictions to China.  
- The company's performance is crucial as it significantly influences semiconductor ETFs, with potential volatility expected in its market cap post-earnings.  
- A disappointing report could lead investors to shift away from high-exposure chipmakers, while those with stronger domestic positions may benefit amid ongoing tariff discussions.

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NVIDIA

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

XI2CSOPNVDA

YieldMax NVDA Option Income Strategy ETF

Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Long NVIDIA Daily Target ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

Direxion Semicon Bull 3X

Nvidia's Anticipated $8 Billion China Drag Puts Semiconductor ETFs On Alert Ahead Of Earnings