Nvidia (NVDA) shares are up more than 160% year to date, and the company has another opportunity to see big stock moves with the chipmaker's second-quarter earnings report scheduled for release on Wednesday, August 28. Is now the time to invest in Nvidia, or will the stock fall after recovering from the early August sell-off?
Stifel Managing Director and Applied Technology Analyst Reuben Roy speaks with the Morning Brief team to share his insights on NVIDIA's upcoming earnings and how delays in Blackwell chip shipments will affect NVIDIA's position in the artificial intelligence industry.
“We believe this is still the best way to leverage AI,” Roy asserts. “NVIDIA has not only emerged as a computing player in AI, but an entire ecosystem has been built around it, including networking software and the AI models themselves. NVIDIA has been building all of these technologies over the past few years, and we don't think anyone is more competitive than NVIDIA.”
Check out Yahoo Finance's latest coverage of Nvidia ahead of its earnings release this week.
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For more expert insights and the latest market trends, click here to listen to this entire episode of Morning Brief.
This post was written by Nicholas Giacobino
