Nvidia earnings 'absolutely key to the AI infrastructure trade'

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Nvidia News

Earnings Report,Nvidia GPU,AI Revolution

Why Nvidia’s results will be a “key” test for the AI trade.

The next big event for the market is the chip darling’s earnings report, set for after the bell Wednesday.

“Nvidia is the heart and lungs of this bullish tech trade as the AI Revolution takes hold,” Ives told Yahoo Finance. “Nvidia is a bellwether of the Magnificent Seven and AI trade,” Shmulik explained. “If there is any softness, maybe rotation out of the Mag 7 picks up a little bit of steam, but listening to other tech earnings, core fundamentals keep delivering.”

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