Nvidia's (NVDA) Next Earnings Could Be a Turning Point—Here's What to Expect
NVIDIA Corporation (NASDAQ:) is one of the . One of the biggest analyst calls on Monday, June 23, was for Nvidia Corporation. Redburn reiterated the stock as 'Buy,' stating that said company remains extremely well positioned ahead of its next earnings report on August 27.
'Nvidia reports July quarter earnings on 27 August, which should confirm rising networking attach rates, a smooth transition to Blackwell Ultra B300s and sustained further improvement in AI model capability and therefore AI capex investment.'
In other news, Nvidia stock was edging down in Monday's premarket amid geopolitical and trade tensions. While big tech companies may be continuing to invest in artificial intelligence, benefiting stocks such as Nvidia, they may not rally any further until there is some clarity regarding the conflict in the Middle East and tariff negotiations.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 AI Stocks in the Spotlight and
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