NVIDIA Corporation (NASDAQ:NVDA) is a top trending stock ahead of earnings. Analyst Nancy Tengler believes the valuation isn’t too high and recommends buying on dips. In the last quarter, data center revenue rose 76% year over year, with new growth catalysts like Saudi Arabia’s Humain and UAE’s GPU agreements.

Sands Capital Technology Innovators Fund praises NVIDIA in its Q2 2025 investor letter for being the market-leading AI provider. Despite $10.5 billion revenue loss due to export restrictions on China, data center revenue grew 64% year over year and is expected to accelerate. NVIDIA remains a high-conviction business at Sands Capital.

While NVDA shows investment potential, some AI stocks may offer higher returns with limited downside risk. For an extremely cheap AI stock that benefits from Trump tariffs and onshoring, check out the free report on the best short-term AI stock. Investors are anticipating Nvidia’s latest results on Wednesday, with strong growth potential from various deals in the AI sector.

Read more at Yahoo Finance: Analyst Explains Why Nvidia (NVDA) Valuation Isn’t ‘As Streched as Everyone Would Argue’