Nvidia earnings expectations: What results mean for the rest of tech and the AI hype rally

Nvidia (NVDA) is set to release its second-quarter earnings results on Wednesday. The chip company blew away estimates when it reported its first quarter results, so investors have high expectations for the report. That is an area of concern for Independent Solutions Wealth Management Portfolio Manager Paul Meeks, who tells Yahoo Finance he is “worried a little bit about the valuation and the very high expectations.” Meeks notes that in regards to Nvidia, “you have to own it” for investors looking for make long term plays within the big tech space.
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