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Barchart
Barchart
Sristi Suman Jayaswal

Goldman Sachs Makes a Bold Call on Nvidia Stock Ahead of Earnings

Nvidia Corporation (NVDA), the Silicon Valley sensation that began as a gaming chip maker in 1993, has transformed into the crown jewel of the artificial intelligence (AI) revolution. Once known for GPUs that powered gaming, Nvidia reimagined the potential of its technology, catapulting itself to the forefront of AI in the process.

Nvidia’s journey to a $3 trillion tech titan has been fueled by a streak of blockbuster earnings reports, with big positive surprises becoming the norm. With the company scheduled to report its fiscal Q2 earnings on Aug. 28, the question among some bulls seems to be not whether NVDA stock will beat estimates, but by how much.

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