英伟达_2025 财年第二季度前瞻_资本支出增加提升对上行空间的信心；预计围绕中国业务增长态势展开讨论-Nvidia Corp. (NVDA)_ FY2Q Preview_ Increased confidence in upside given CapEx raise; expect debate on the shape of China ramp

7 August 2025 | 5:00AM EDT Nvidia Corp. (NVDA): FY2Q Preview: Increased confidence in upside given CapEx raise; expect debate on the shape of China ramp Key stock takeaways: We expect investors to focus on the underlying Blackwell ramp and gross margin implications in 2H, plus the pending China ramp. We Setup heading into the print: We believe expectations are high and investors we have spoken with are almost universally long heading into the print - which we think raises the degree of difficulty for 2H com ...