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Nvidia Stock (NVDA) Bulls Brace for Groundhog Day Rally Ahead of Earnings
Nvidia Stock (NVDA) Bulls Brace for Groundhog Day Rally Ahead of Earnings
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BTCCSquare news:
Nvidia's FY 2026 Q2 earnings report on August 27th is poised to reinforce its dominance in the AI revolution. With GPU demand outstripping supply and hyperscalers fueling growth, another guidance beat seems inevitable. The stock could test $200 by Thursday if history repeats.
Market Optimism hinges on Nvidia's unbroken streak of nine consecutive upside surprises. Short-term noise around margins or inventory won't shake its structural advantage in accelerating AI workloads. Valuation multiples remain attractive given the twelve-month visibility on production capacity.
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