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NVIDIA (NVDA) Earnings Loom: Buy Now or Stay Out?

We just covered Here is How Billionaire Philippe Laffont’s Top 10 Picks Crushed The Market. NVIDIA Corporation (NASDAQ:NVDA) ranks #9 (see the Here is How Billionaire Philippe Laffont’s Top 5 Picks Crushed The Market).

YTD Stock Performance: +12%

Philippe Laffont’s Stake: $1.71 Billion

NVIDIA’s stock has been a target of skeptics ever since the AI hype debate started taking over Wall Street. Despite concerns around AI spending and valuation, the company has repeatedly beaten analyst estimates and raised guidance. What bears may have underestimated is that Nvidia is no longer just a GPU company. The AI buildout is creating an ecosystem where Nvidia sits at the center.

Beyond its Blackwell GPUs and upcoming Vera chips, the company has growth catalysts like CPUs (Grace) and deeper infrastructure with NVLink and InfiniBand networking. Networking has become one of its fastest-growing segments, with revenue more than doubling year over year, driven by strong demand for systems like Spectrum-X that connect large AI data centers.

Nvidia is also moving into full rack-scale systems such as GB200 NVL72, which combine compute, networking, and memory into complete data center units. This shifts Nvidia closer to a full infrastructure provider rather than just a chip designer. Gross margins have stayed strong at around 75%, supported by higher-margin networking and software. The stock has a forward PE ratio of 24x, which is decent given Nvidia’s growth, ecosystem expansion, and strong competitive moat.

Nvidia is slated to release its latest quarterly results later this month.

Nightview Capital stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q1 2026 investor letter:

“The AI efficiency selloff in NVIDIA Corporation (NASDAQ:NVDA) earlier this year gave us an opportunity to add to our position. Our view: the demand for AI compute is not declining; the efficiency of that compute is improving. These are not contradictory trends. Jevons’ Paradox is real and relevant here — as the cost per unit of AI output falls, the total demand for AI output rises. More compute gets consumed, not less. NVIDIA’s H100 and Blackwell architectures remain the…” (Click Here to Read the Letter in Detail).”

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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