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Nvidia earnings: Two things investors will be looking for

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Portfolio Manager Tony Wang

Shares of Nvidia (NVDA) are rebounding ahead of its highly anticipated second-quarter results, scheduled for release on August 28th. T. Rowe Price Science & ...

) are rebounding ahead of its highly anticipated second-quarter results, scheduled for release on August 28th. T. Rowe Price Science & Technology Equity Strategy Portfolio Manager Tony Wang joins Morning Brief to discuss Nvidia and the broader AI outlook in the markets.

Yeah, I mean, the stock has had a really great rebound here, in fact, all near all time highs and I think that people are gonna be looking for two things. And so I think those are the two things like near term demand, but also this product transition as we go into Blackwell Tony, how important is that narrative surrounding Blackwell Ramp right now?Well, I think that people were more worried about it at $100 but now at 130 I think the market is really digested.

But I think here at 130 I think people are assuming that this is going to be more of a couple of month issue, not uh not anything longer than that.I mean, everybody has been dropping the A I words I should say, I guess, uh to make sure that investors know that they've got some skin in the game too who doesn't actually have skin in the A I game right now.

 

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