NVIDIA EARNINGS TOMORROW COULD DECIDE WHETHER THE AI BULL MARKET CONTINUES OR NOT.
Nvidia reports Q2 results tomorrow, with Wall Street expecting roughly $92 billion in revenue, almost double last year.
That matters because Nvidia is the largest U.S. company and one of the biggest weights in the S&P 500.
It is also one of the clearest indicators of whether the hundreds of billions being spent on AI infrastructure are actually translating into demand.
Last quarter, Nvidia reported $81.6 billion in revenue, while Data Center revenue jumped 92% YoY.
Tomorrow, the market will be watching revenue, margins, Rubin demand, China sales and, most importantly, guidance.
At the same time, the chart shows NVDA approaching the $195–$200 support zone, with the larger bull-market support around $165–$170.
A strong report and a hold of support would keep the AI trade intact, while a major breakdown could hit semiconductors and other AI-heavy stocks with it.
With Nvidia now deeply tied to S&P 500 earnings and performance, this is much bigger than just one company’s earnings report.
Nvidia reports Q2 results tomorrow, with Wall Street expecting roughly $92 billion in revenue, almost double last year.
That matters because Nvidia is the largest U.S. company and one of the biggest weights in the S&P 500.
It is also one of the clearest indicators of whether the hundreds of billions being spent on AI infrastructure are actually translating into demand.
Last quarter, Nvidia reported $81.6 billion in revenue, while Data Center revenue jumped 92% YoY.
Tomorrow, the market will be watching revenue, margins, Rubin demand, China sales and, most importantly, guidance.
At the same time, the chart shows NVDA approaching the $195–$200 support zone, with the larger bull-market support around $165–$170.
A strong report and a hold of support would keep the AI trade intact, while a major breakdown could hit semiconductors and other AI-heavy stocks with it.
With Nvidia now deeply tied to S&P 500 earnings and performance, this is much bigger than just one company’s earnings report.
