| By Andy Swan There’s no avoiding it: We need to talk about Nvidia (NVDA). The artificial intelligence (AI) chipmaker took center stage this week as traders and investors alike prepared for its earnings report to spur a potential $300 billion swing in shares. Going into this thing, I saw bulls touting NVDA as “the most important stock in the world right now," with fears that a negative result could send the entire market spiraling. The anticipation was palpable. Now that we’ve seen what Nvidia had to offer, it’s time to debrief… Nvidia delivered a phenomenal report. Quarterly revenue surged 122% to a record $30.04 billion, coming in above analysts’ expectations of $28.7 billion. Earnings of 68 cents per share also came in higher than the consensus 64 cents per share – growing 152% from the same period last year. Data center revenue was up as much as 154% year over year. 
Source: Statista The market’s reaction was… not so phenomenal. After opening the week at $129.57, NVDA shares tumbled ~10% to a low of $116.71 on Thursday as the market digested the news. We were expecting a move in the opposite direction. And I’ve seen a lot of worried investors having second thoughts about this company’s growth prospects. So, let’s talk about it right here, right now. To address those concerns head on – and show you where NVDA is headed next – Landon and I just filmed a special video edition of Derby City Daily. Watch it here (or click on the image below) to find out where Nvidia goes from here in less than 10 minutes: 
Watch Now Until next time, | 
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