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Can Chipmaker Nvidia Keep Its Stellar Stock Run Going?

Nvidia (NVDA) will likely reward investors with another solid quarter on Thursday, but the semiconductor maker continues to face concerns about how stretched its current valuation may be.

On average, Wall Street is anticipating $1.35 billion of revenue and 37 cents of earnings per share for the second quarter. Shares are currently down about 1% to $58. Shares are up 77% for the year to date compared to the Nasdaq, up 3.8% for the period.

Within the chip...