This week, earnings from NVIDIA and Marvell Technology are expected to shape the direction of demand for AI investment, while Federal Reserve Chair Warsh’s first appearance at Jackson Hole will also be a key focus for markets. With Salesforce and CrowdStrike also due to report, the health of corporate IT demand will be put to the test.
In U.S. markets next week, attention will focus on Federal Reserve Chair Warsh’s speech at the Jackson Hole Economic Symposium. Markets are expected to look for signals on his stance toward forward guidance, inflation trends and the interest-rate outlook.
With earnings reports from NVIDIA and Marvell Technology approaching, investment in AI infrastructure will once again be put to the test. Data-center revenue, guidance and the sustainability of demand related to AI will be key areas of focus.
Salesforce and CrowdStrike will also release earnings on or around the same day, and markets will assess the health of enterprise software spending and demand for cybersecurity.
Marvell Technology is expected to report second-quarter revenue of approximately $2.71 billion, up about 35% year on year. The company’s outlook will be scrutinized in light of the factors behind the rise in its share price.