Reported 2 months ago
Nvidia's stock has more than doubled this year due to soaring demand for its GPUs in AI applications. However, the stock is known for its volatility, especially during earnings season, with significant past sell-offs. Nvidia will release its fiscal second-quarter results on August 28, and while expectations are high for continued revenue growth—expected to reach approximately $28 billion—investors are advised to consider waiting for earnings before making a purchase, particularly if the stock's premium valuation leads to a post-earnings dip.
Source: YAHOO