‘The Collapse of Everything AI’ Could Hinge on Nvidia’s Earnings. What Wall Street Expects from NVDA Stock.

Group 1 - Tech investors have faced a challenging start to 2026, with seven of the eight trillion-dollar tech companies experiencing declines year-to-date, while Nvidia is the only exception, showing a 5% increase [1] - Nvidia generates approximately 90% of its revenue from its data center business, which supplies GPUs and AI systems essential for training and running large language models [5] - Major tech companies like Alphabet, Microsoft, Meta, and Amazon are projected to spend nearly $700 billion on AI infrastructure in 2026, marking a more than 60% increase from 2025 [6] Group 2 - The increase in capital expenditures for AI infrastructure presents a significant opportunity for Nvidia, but it has also led to heightened expectations and concerns about potential spending slowdowns [7] - Truist analyst William Stein maintains a Buy rating on Nvidia with a price target of $275, anticipating that Nvidia's fourth-quarter results and first-quarter guidance will surpass Wall Street consensus [8] - Analysts expect Nvidia to report revenue of $66.23 billion for the fiscal fourth quarter, reflecting a 68% increase from the previous year's $39.33 billion [9]