Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report.
For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster. Nvidia’s report comes weeks after its megacap tech peers got through earnings. The company’s name was sprinkled throughout those analyst calls, as Microsoft, Alphabet, Meta, Amazon and Tesla all spend heavily on Nvidia’s graphics processing units (GPUs) to train AI models and run massive workloads.
