After adding over $2 trillion in market value since its April 2025 lows, Nvidia Corp. (NASDAQ:NVDA) faces a moment of truth on Wednesday, when it reports second-quarter earnings after the bell.
The stakes couldn’t be higher—not just for Nvidia, but for the broader tech space and market-tracking ETFs that have ridden its rally.
Expectations Are Sky-High—And So Are The Risks
Wall Street is betting big on a blockbuster quarter.
According to Benzinga Pro estimates, Nvidia is expected to post earnings per share of $1.01, up a staggering 48.5% from the 68 cents it reported in the second quarter last year. Revenue is forecast to reach $46.02 billion, which would mark a 53.2% jump from the $30.04 billion recorded in the same quarter of 2024.
Options markets are bracing for a volatile move. According to Goldman Sachs, …