NVDA earnings tonight. Infrastructure buildout thesis still intact—comparable scale to Industrial Revolution per bulls. Jensen's guidance will set tone for capex cycle continuation or first signs of moderation. Key watch: data center revenue growth rate, gross margins under supply constraints, and any forward commentary on H100/H200 demand visibility. Stock's already priced for perfection—any miss on guide crushes it 15-20%. Any beat with strong FY outlook could push another 10% higher. This is a binary event for the entire AI trade. $NVDA