Nvidia (NVDA) will be reporting third-quarter earnings after the bell on Tuesday, the last of the Magnificent Seven stocks to report. Many investors have high expectations for the company’s upcoming earnings report and are wondering how it will impact markets, as Nvidia shares are up over 200 percent year-to-date. The company’s outlook will also be in focus amid chip export restrictions to China. Yahoo Finance spoke to industry experts to break down what to watch from the company’s report.

Stifel Applied Technology Analyst Ruben Roy explained why he believes Nvidia will have at least “several quarters ahead… where we have quite robust results coming up.” “We haven’t seen any slowdown to… the momentum that Nvidia’s seeing on orders for their high-end chips… [and] large language model training networks and we expect that to continue into year end and into next year,” Roy says. Although supply constraints impacted some of Nvidia’s sales, “we expect those supply constraints to start to ease as we get into the end of the year.”

Related Videos

ARK Investments Founder, CEO, and Chief Investment Officer Cathie Wood breaks down why the flagship strategy does not own Nvidia. Although “Nvidia has been the enabler of these amazing breakthroughs in AI,” Wood says, people “are not thinking about who the prime beneficiaries are going to be.” “Every stock in our portfolio, practically, is there with AI as a reason” and there are four commonalities between the stocks, Wood explains, they each have “deep domain expertise… brought in AI expertise… good distribution… [and] proprietary data.”

The Citadel Professor Paul Meeks discusses what he’s worried about from Nvidia’s upcoming earnings. “I am worried that we have a repeat this quarter of what we had last quarter, where they also crushed the numbers and gave pretty good guidance… yet the stock took quite a pit,” Meeks explains.

Video highlights:

00:00:27 - Why Ruben Roy believes Nvidia will see robust future quarters

00:00:59 - Why Cathie Wood’s flagship strategy doesn’t own Nvidia

02:24 - Paul Meeks' worry for Nvidia stock

More Yahoo Finance Nvidia earnings coverage

Nvidia earnings: OpenAI drama, record high stock price set the table for key report

Video Transcript

[MUSIC PLAYING]

SEANA SMITH: It is a big week for Nvidia, as well, as the company gets set to report third quarter earnings after the bell tomorrow. The chipmaker's blockbuster earnings report back in may sent a ripple effect through the market, as investors bet big on the future of AI. Nvidia shares were up over 200%. So far this year, we're looking at gains of nearly 240% since the start of the year.