Nvidia earnings “can dictate the near-term direction of the market,” according to Bank of America strategists.

From the initial public offering (IPO) at the beginning of 1999 till last year, NVIDIA Corporation NVDA has given an annualized compounded return of 33%, the best growth rate in the past two decades of trading in U.

Both he and Mortonson are unsurprised Blackwell’s rollout has run into production delays. A recent report from The Information, a tech-focused publication, said overheating issues had compelled Nvidia to ask suppliers to adjust the design of the platform’s server racks.