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Q2 Earnings: What's In Store For Nvidia Investors?

NVIDIA Corporation (NASDAQ: NVDA) stock is up nearly tenfold in the past three years. But with the company set to report second-quarter earnings after the market close Thursday, at least one analyst believes the company should be worth about half of its current market value.

Nvidia bears have gotten plenty of egg on their face in recent years, but BMO Capital Markets analyst Ambrish Srivastava is digging in his heels on Nvidia ahead of earnings. In a new report out Monday, Srivastava acknowledged the potential for upside earnings revisions in the near-term but reiterated his belief that Nvidia’s valuation is unsustainable in the long...