Asks about main things to look for in Nvidia earnings given its 8% S&P 500 weight.
speaker1
James Demmert
Expects Nvidia to beat with $65B revenue, 65% operating margin, 65% YoY growth, serving as wake-up call for S&P 500 and tech trade.
Asks about guidance needed to convince Street on demand and capex.
speaker1
James Demmert
Guidance must be convincing, especially on data center capex not peaking, supply chain clarity, and early stage of AI cycle (3 years into 8-year cycle).
Asks about China potential as extra bonus.
speaker1
James Demmert
Expects glimpse of China return in Q4 as tailwind, but stock cheap at 29x earnings growing twice the rate after 4-month sideways move.
Asks if earnings will be catalyst to break sideways action or more of same.
speaker1
James Demmert
Earnings keep rising while prices stagnant, creating value proposition; 4-5 month pauses common in tech revolutions before breakout; this report could open door for money flow back into stocks.