Nvidia (NVDA), the rockstar of the AI chip world, is gearing up to drop its first-quarter earnings for fiscal 2026 after the market closes on Wednesday, May 28, 2025. This isn’t just another earnings report—it’s a massive deal that Wall Street is buzzing about. Everyone’s watching to see if Nvidia can keep its hot streak going, especially with trade tensions, a hefty $5.5 billion hit from China export rules, and whispers about whether the AI boom is cooling off. Let’s break down what’s coming and why it matters.

What Wall Street’s Betting On

Analysts are expecting Nvidia to crush it again, thanks to the crazy demand for its AI chips. Here’s the scoop on what they’re predicting for the quarter:

• Revenue: Around $43.28 billion, a huge 66.2% jump from last year’s $26.0 billion.

• Earnings Per Share (EPS): About $0.88, up 44% from $0.61 a year ago.

Those numbers are wild, showing Nvidia’s still the king of AI chips that power the data centers for big names like Meta, Microsoft, Amazon, and Google. But here’s the catch: that EPS is actually a tiny dip from last quarter’s $0.89, which has some folks wondering if Nvidia’s growth party might be slowing down a bit.

The Blackwell Buzz and Data Center Domination

Nvidia’s data center business is where the magic happens—it’s like 91% of their whole deal now. Last quarter, they raked in a record $35.6 billion from data centers alone, up 93% from the year before, thanks to their fancy new Blackwell chips and the trusty Hopper platform. Blackwell, in particular, is stealing the show, pulling in $11 billion in its first full quarter. That’s the fastest any Nvidia product has ever taken off.

This week, everyone’s dying to hear how Blackwell’s doing. Nvidia’s CEO, Jensen Huang, keeps saying these chips are perfect for both building AI models and running them, which could keep Nvidia ahead of the pack. With demand for Blackwell apparently through the roof, the big question is whether Nvidia can keep up with orders as they crank up production.

The China Curveball

Here’s where things get tricky. Nvidia’s taking a $5.5 billion hit this quarter because of new U.S. export rules that are basically shutting them out of China. Jensen Huang said these restrictions have already cost them $15 billion in potential sales there, and China used to be a fifth of their business. Now, it’s looking like it might drop to nearly nothing.

But some analysts, like the folks at Wedbush and Oppenheimer, aren’t sweating it too much. They think Nvidia’s got enough demand from places like the U.S. and even new markets like Saudi Arabia and the UAE to make up for it. Nvidia’s been cozying up with partners in those regions, like a recent deal with Saudi Arabia’s Humain, to keep the growth train rolling. Still, investors want to know how Nvidia’s going to handle this China mess—maybe with a new chip that plays by the rules?

Why Nvidia’s Earnings Move the Market

Nvidia’s not just a company—it’s a market mover. Its stock, along with the other “Magnificent Seven” tech giants, has been fueling the market’s rally for years. A great report could light a fire under AI stocks, while a stumble might send shockwaves through tech land, especially with markets already jittery about tariffs and rising interest rates.

Over on X, traders are all over the place. Some are hyped, betting Nvidia’s stock could rocket to $145 or $150 if earnings are stellar. Others are bracing for a wild ride, pointing to that China hit and sky-high expectations. Options traders are guessing the stock could swing 7.4% the day after earnings, which is actually less dramatic than the 11.3% average from the last eight quarters.

What Else to Watch

While data centers are the main event, Nvidia’s got other stuff going on:

• Gaming: Their gaming business, think GeForce RTX cards, took a hit last quarter, dropping 11% to $2.5 billion. New Blackwell-based RTX 50 Series cards might give it a boost, but it’s still a side gig compared to data centers.

• Automotive: This one’s picking up speed, with a record $570 million last quarter, up 103% from last year. Deals with companies like Toyota and Aurora for self-driving cars are starting to pay off, showing Nvidia’s AI game isn’t just about servers.

How’s the Stock Doing?

Nvidia’s stock has had a bumpy 2025, down 2% so far this year after an insane 1,800% run over five years. Some worrywarts are talking about an “AI bubble,” with competitors like China’s DeepSeek offering cheaper options and Microsoft reportedly scaling back some data center plans. But recent trade talk progress, like a U.S.-China tariff truce, and Nvidia’s push into new markets have pushed the stock up to $131.29 as of Friday’s close.

Most analysts are still Team Nvidia, with 16 out of 18 tracked by Visible Alpha saying “buy” and a price target of $164—that’s 25% higher than now. Wedbush and Oppenheimer love Nvidia’s edge and upcoming chips like B300, Rubin, and Rubin Ultra. But Morningstar’s more cautious, saying the stock’s fairly priced at $125 and warning about trade risks and competition.

What to Listen for on the Call

When Jensen Huang hops on the earnings call at 5:00 p.m. ET, here’s what everyone’s dying to hear:

1. China Plan: How’s Nvidia dealing with that $5.5 billion hit? Is a new China-friendly chip in the works?

2. Blackwell Update: Is demand for Blackwell still crazy, and are supply issues easing up?

3. AI Spending: Are big tech companies still pouring cash into AI, or is the pace slowing?

4. What’s Next: Will Nvidia’s guidance for next quarter keep up its habit of beating expectations and raising the bar?

Investors have flocked to Nvidia-focused exchange-traded funds (ETFs) amid an AI frenzy, with a bullish fund tracking shares of the chip designer achieving an all-time high in Thursday's GraniteShares 2x Long NVDA Daily ETF seeing notable growth, which has attracted significant capital from investors eager to ride the wave of artificial intelligence.

Inflow Numbers and Growth

- Net daily inflows into the GraniteShares 2x Long NVDA Daily ETF reached a staggering $197 million, according to LSEG Lipper data. This record inflow reflects the growing interest in Nvidia as a key player in the AI and high-performance computing space.
- The assets managed by the ETF have surged from $213.75 million at the start of the year to an impressive $1.41 billion. This substantial increase underscores the confidence investors have in Nvidia’s future prospects.

Why It Matters

Risk-averse investors have traditionally shied away from single-currency tracking ETFs, especially those that target short-term returns. But the arrival of these ETFs in the United States. The 2022 market has attracted interest from investors. Leveraged single-stock ETFs seek to maximize returns on the underlying stock in one day, and often use financial derivatives and debt as leverage.

Nvidia's Dominance and Euphoria Around AI

- Nvidia, which controls nearly 80% of the high-end AI chip market, has been on a tear since the start of the year. Buoyed by stellar forecasts and a new boom for AI technology, the stock is up nearly 82%.
- Leveraged ETFs focused on Nvidia have become a favored choice for investors seeking higher returns in exchange for added risk. As a new wave of must-own companies emerges, these ETFs offer exposure to the tech giant’s growth potential.

Impressive Performance

- The GraniteShares 2x Long NVDA ETF, along with other Nvidia-linked ETFs, has witnessed explosive growth. Assets of these funds have multiplied between five and 11 times since the start of 2024.
- Year-to-date, their prices have soared between 143% and 218%, outperforming many other ETFs in the market.

When it comes to tech darlings, NVIDIA (NVDA) has shown over the part year that it is one of the top companies. So, when their earnings dropped on February 21st, it wasn't exactly a shocker. More like a victory lap with fireworks.

Nvidia Revenue

Numbers that would make a quant blush: $22.1 billion in revenue? They clearly beat expectations surprising most analysts and causing the whole market to move higher. And the company came out with new guidance for next quarter that is also very strong.

Wall Street's out there with their measly projections, and NVIDIA's saying, "Amateurs."

Now, the market, bless its collective heart, went bonkers.

The move higher in the market was not entirely based on Nvidia performance. It's a bellwether, people. See, NVIDIA isn't just pushing bits, they're pushing the boundaries of AI. And in a world obsessed with artificial intelligence, their performance is like reading the entrails of the tech industry.

More Earnings

And guess what? The entrails look good. AMD, Super Micro, even Palantir – they all hitched a ride on NVIDIA's rocket ship. It's like a rising tide lifting all the AI boats (though some, admittedly, leakier than others).

But there's a fly in the ointment, or should I say, a chip shortage in the fab. Demand for NVIDIA's latest goodies is through the roof, hotter than a blockchain in Miami. Supply, on the other hand? Not so forthcoming. It's a classic case of too many gamers and not enough graphics cards.

And let's not forget the data center bonanza. Revenue there went supernova, exploding 409% year-over-year. That's like finding a Bitcoin mine in your basement (not that I'd know anything about that).

So, what's the takeaway? Continue to watch NVIDIA stock over the next quarter. They're a chipmaker but they are also a harbinger of the future, shaping the digital landscape. And as for the market tremors?

Let's say they're feeling the aftershocks of a tech giant in overdrive. The AI revolution is just getting started. P.S. Don't expect me to quote myself. I leave the theatrics to the analysts.

Nvidia (NASDAQ: $NVDA) has had a remarkable year, with its stock price soaring 220% fueled by the booming artificial intelligence (AI) market. This performance has caught the attention of TD Cowen analyst Matthew Ramsay, who has named NVDA his top overall stock pick for 2024.

AI Chip Dominance

"No need to overthink this," Ramsay declared in a note to clients, emphasizing the company's strong position in the nascent but rapidly growing AI space. He sees the companies dominance in AI computer chips as a driver of its future growth and profit.

The optimism is supported by Nvidia's recent financial results. Nvidia's business is booming! Their sales more than doubled last quarter, reaching a whopping $18 billion. This is thanks to their powerful graphics chips, which are essential for artificial intelligence (AI). And things are only getting better, with Nvidia expecting to sell even more in the next quarter.

Ramsay thinks Nvidia's strong position in AI, combined with their innovative technologies and big investments, will keep their growth going strong for years to come. He anticipates "an accelerated product-introduction schedule, and innovation across hardware and all aspects of the AI product line - training, inference, and data processing."

2024 Stock Run

Despite its impressive stock run, Ramsay sees further upside potential for Nvidia. Ramsey believes Nvidia's future is bright! The potent combination of positions Nvidia has not only capitalizes on the burgeoning AI market but also pushes the boundaries of innovation further in other chip areas.

While some may hesitate due to the company's impressive growth and current valuation, Ramsay believes there's still significant room for Nvidia to move. He views the "enormous" and "early-stage" AI market as an opportunity for Nvidia to strengthen its leadership position and earn substantial rewards.

Picture the bustling world of U.S. stock markets, and right in the spotlight is Nvidia, the trailblazing chip maker. Early on a Tuesday morning, there's an electrifying buzz surrounding Nvidia's stock. Why? Because this company is on the cusp of another upward move following its Thursday earnings report.

You see, Nvidia is a big deal in the realm of artificial intelligence. It's like the forefront runner benefiting the most from this tech explosion. And as the sun rises, the expectations for Nvidia's quarterly results rise with it. Investors are feeling pretty optimistic about what's in store.

Now, let's talk about Nvidia's remarkable journey in 2023. Imagine its stock shooting up by a whopping 180% in a single year. That's like a complete turnaround story right there. How did this happen? Well, it's all about Nvidia's graphics cards, which have transformed from just graphics tools to the central driving force of a revolution. These cards are now the backbone for training AI models, and this excitement is like jet fuel for Nvidia's stock.

In the world of technology, Nvidia is like a poster child for adaptability and innovation. This company knows how to roll with the changes. The AI wave is like a stage, and Nvidia's performance on that stage is nothing short of impressive. It's like they've been waiting for this moment, and they're giving it their all.

But hold on a second. Even in the midst of all this excitement, there's a hint of uncertainty lingering in the air. Analysts are swirling in a whirlwind of guesses and forecasts as the big day approaches. But let's be real – no one really knows what's going to happen until that report is out.