Nvidia is likely to report its fiscal 2025 Q2 earnings on Aug. 28, is poised to be one of this year's most important stock market events, and anticipation is sky-high.

Here are Key Focal Points about Nvidia's Earning:
With its last quarterly report, Microsoft announced AI spending is poised to continue climbing over the next year. Microsoft is widely believed to be Nvidia's largest customer, and increased spending on AI infrastructure is a clear bullish indicator. Another big customer Meta, also raised its capital-spending guidance range. Tesla had strong demands for Nvidia’s chips.
Alphabet CEO Sundar Pichai said, The risk of under-investing is dramatically greater than the risk of over-investing for us here. That should be tailwind of Nvidia shareholders.
Nvidia also reported received orders of its A800 GPU worth $5 billion from Chinese tech giants, including Baidu, ByteDance, Tencent, and Alibaba, amid fears of the new export restrictions.
Nvidia also faces risks:
There may be more trouble brewing around potential production delays of Nvidia's next generation Blackwell AI chips, means revenue growth might take a hit.
There are also mounting antitrust concerns. US and France regulators are probing.
The company reaching the law of large numbers here, once a company gets to a certain size, it just physically can't keep up the same growth," said Michael Schulman, chief investment officer at Running Point Capital.
