Nvidia earnings after the bell: Here's what to expect

Summary

Kristina Partsinevelos previews Nvidia's earnings, highlighting three key areas: the cumulative Blackwell/Rubin revenue target, Rubin chip timing, and gross margin trajectory. She notes that Nvidia has historically sold off after earnings but a more aggressive CEO tone could break that pattern.

• Nvidia earnings are still considered a major market event.
• Key focus on the $1 trillion cumulative Blackwell/Rubin revenue target through 2027.
• Rubin chip timing and potential component delays are an overhang.
• Gross margins are expected to dip from 75% to 73% during the transition.
• Nvidia has fallen the day after five of the last seven earnings reports.
• A more aggressive tone from the CEO could change the post-earnings pattern.
• Morgan Stanley and other analysts are cited for their expectations.
• The report is a preview, not a recommendation.