AI Theme Still Running Hot as Nvidia Beats Q2 Earnings Estimates
Heading into Q2 fiscal 2027 earnings, the capital markets wondered if the vaunted chipmaking giant Nvidia still has its mojo. Despite rallying to atmospheric levels over the past three years, this massive upside is already baked into its stock price. Meanwhile, Wall Street has grown more critical of hyperscaler capital expenditures (CapEx) and supply capacity and Nvidia’s earnings help to determine whether the AI buildout theme still has room to run. The results were released Wednesday after the bell and confirmed that this AI trade still has its running shoes on.
Source: https://etfdb.com/equity-etf-content-hub/ai-theme-running-hot/
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