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Nvidia Earnings Report to Test Investor Confidence in AI Sector

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NVDA
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Nvidia's upcoming earnings report is set to test investor confidence in the AI sector.

The AI chipmaker, considered a bellwether for the industry, will release its financials after the closing bell on Wednesday.

With high expectations ahead of the event, any less-than-robust results could add pressure to the sector, which has been weighed down by concerns about the sustainability of AI spending lately.

Nvidia shares are up 13% for the year but over 10% off their May highs due to worries about an AI bubble and the long-term viability of America's AI buildout.

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