Nvidia Earnings Preview: AI Capex, Blackwell Ramp And 216.40 Bullish Breakout Hold The Key

MarketPulse by OANDA Group 1.12K Followers Follow Summary AI demand faces its biggest test: NVIDIA must show data centre growth is still accelerating enough to justify a US$5.2 trillion valuation. Q3 guidance matters most: A strong guide above current expectations would support the AI trade, while cautious guidance could trigger broader de-risking. $216.40 is the key breakout: A move above it may revive the medium-term uptrend, while a daily close below $195.95 would invalidate the bullish setup. Getty Images By Kelvin Wong Ahead of today’s NVIDIA ( NVDA ) Q2 FY2027 earnings, the setup is clear: the stock is no longer just trading on “Artificial Intelligence (AI) demand is strong”. It is trading on whether AI infrastructure demand is still accelerating fast enough This article was written by MarketPulse by OANDA Group 1.12K Followers Follow MarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.