New Delhi, Aug. 26 -- Chipmaking giant and 'Magnificent Seven' favourite Nvidia is scheduled to announce its financial performance for the June-ending quarter today, 26 August, with the earnings coming at a time when the company's share price has faced pressure on Wall Street.

The chip giant is set to announce its numbers after-market hours, and, as usual, Wall Street's expectations are running high. The stakes are particularly high as investors look for clearer signs of whether the soaring valuations across the artificial intelligence (AI) space are justified.

Expectations have also been raised by the better-than-expected numbers delivered by Nvidia's peers during the June quarter.

Moreover, Nvidia's long track record of repeatedly be...