Will a 53% Sales Surge Trigger a Collapse? Nvidia (NASDAQ:NVDA) has been the linchpin of the artificial intelligence (AI) revolution, with its stock skyrocketing over 1,300% in five years, far outpacing the S&P 500’s 90% return.

Nvidia’s second-quarter earnings could prove to be even more important to sustaining the U.S. stock rally than Federal Reserve Chairman Jerome Powell’s pivot toward lowering interest rates last week.Stocks powered firmly higher on Friday,

Nvidia stock is poised in the low $180s heading into earnings on Wednesday. Wall Street expects $1.01 in adjusted earnings per share (EPS) on revenue of $46.12 billion. A major beat should place $200 in the cards for bulls, which is well below some of the analyst price targets.