Nvidia: Have investors become immune to good results from the AI bellwether?

Nvidia (NVDA) is set to report quarterly results next week, but analysts express concern that investors may be desensitized to the company's strong performance. Julia Ostian notes that consistent outperformance has led to elevated market expectations, potentially resulting in a stock decline even with good earnings. Historical data shows NVDA shares dropped after previous earnings reports despite positive results. Analysts remain optimistic about Nvidia's long-term prospects, citing its high profit margins and strategic manufacturing partnerships, although some hyperscalers are looking to diversify away from its products.