Buy Nvidia Stock Ahead of Earnings?

Nvidia (NASDAQ:NVDA) is expected to announce its Q2 2026 earnings at the end of August (January fiscal year). Analysts anticipate earnings of $1 per share, an increase from $0.68 in the same quarter last year, and revenues are projected to grow by over 50% year-over-year to $45.60 billion. This growth is likely to be fueled by the sustained strong demand for the company's GPU chips utilized in generative AI applications. Nvidia has been increasing large-scale production of its latest Blackwell AI supercompu ...