10:44 AM EDT, 05/14/2026 (MT Newswires) -- Nvidia (NVDA) is poised to deliver another strong quarter amid robust compute demand, with the chip making giant expected to issue an upbeat revenue guidance for the ongoing three-month period, RBC Capital Markets said in a client note emailed Thursday.

The brokerage estimates the tech bellwether to report adjusted earnings of $1.74 a share on revenue of $78.01 billion for its fiscal first quarter. The top-line has surpassed consensus by 3% on average in the previous three quarters, said RBC, which anticipates similar trends for the most recent reporting period.

Analysts polled by FactSet are currently looking for non-GAAP EPS of $1.74 and sales of $78.78 billion. Nvidia is scheduled to release its results next week.

RBC projects Nvidia to provide a second-quarter revenue outlook that is 4% to 5% above the Street's forecast of $86.9 billion. Adjusted EPS is pegged at $1.91 by the brokerage, while the consensus on FactSet is for $1.94.

Nvidia has likely secured high-bandwidth memory supply for the year, RBC analyst Srini Pajjuri said in the note.

"AI compute demand is outpacing supply and we believe visibility is extending well into 2027,"Pajjuri said. "Component shortages and power/infrastructure availability are the key near-term challenges. However, we believe (Nvidia) is in a relatively better position from a supply standpoint and view its balance sheet strength as a structural advantage."

Central processing unit demand is accelerating amid an agentic AI boom, as reported by Intel (INTC) and Advanced Micro Devices (AMD), RBC said. Nvidia's Vera CPU rack is seeing "solid"early traction, according to the note.

"Looking ahead, AI monetization trends are improving, scaling laws are not slowing, and (large language model) leadership battle is far from settled,"Pajjuri wrote in the note. "As such, we expect hyperscaler (capital expenditure) to remain healthy through 2027 and are not overly concerned about competition."

RBC reiterated its outperform rating on Nvidia's stock, with a price target of $250.

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