Investors have been jittery about the sustainability of the AI trade as hyperscalers plan massive capital expenditures, but Wedbush's Dan Ives said he thinks Wall Street is still underestimating Nvidia's opportunity.

Nvidia rose 1.6% ahead of its earnings report scheduled for after the closing bell. Wall Street expects the world’s most valuable company to report adjusted earnings of $1.26 a share on revenue of $54.

Nvidia is up 33.1% since the beginning of the year, but at $184.03 per share, it is still trading 11.1% below its 52-week high of $207.04 from October 2025. Investors who bought $1,000 worth of Nvidia’s shares 5 years ago would now be looking at an investment worth $13,693.

Nvidia and 19 Other Stocks Now Make Up 50% of the S&P 500. Here's What It Means for Your Investment Portfolio. Many of the largest S&P 500 components are expensive but are generating rapid, high-margin earnings growth.

As Nvidia's earnings draw global attention, Long Island experts warn that AI-heavy portfolios could expose investors to hidden risks.

The daily timeframe chart shows that the NVIDIA stock price has been in a strong uptrend in the past few years. It recently crossed the important resistance level at $200, bringing its market capitalization to over $5 trillion.

Nvidia may be the most popular chip stock right now, but smart investors are beginning to look for growth elsewhere.

A regulatory filing has revealed that in Q3 2025 Peter Thiel offloaded all his AI stocks. The move – coupled with SoftBank's selloff of its own Nvidia holdings – is fuelling speculation that the tech industry is due an uncomfortable correction.