Nvidia also said on Monday that its Groq 3 LPX inference accelerator is now in full production for the Vera Rubin platform.
- Cantor sees five potential catalysts, including stronger 2027 data-center visibility and continued AI infrastructure spending.
- Dan Ives pushed back against concerns over excessive AI spending and circular financing, pointing to strong chip demand.
- Wall Street expects Nvidia to report $2.07 in adjusted EPS on $92.03 billion in revenue on Wednesday.
Nvidia (NVDA) shares fell on Monday amid broader market weakness, even as analysts stayed firmly bullish ahead of the company’s second-quarter earnings report later this week, and the AI bellwether unveiled a wave of new AI infrastructure announcements.
NVDA stock fell over 2% by midday trade and was among the top trending tickers on Stocktwits at the time of writing. Retail sentiment around Nvidia trended in ‘bearish’ territory over the past day, while chatter rose to ‘normal’ from ‘low’ levels.
Nvidia’s Slew Of Announcements Before Q2 Earnings
Nvidia announced Monday that SpaceXAI (SPCX) will deploy its Vera CPUs to accelerate next-generation agentic AI applications. The move marks the first integration of Nvidia’s CPU designed specifically for AI agents into what the company describes as one of the industry’s most ambitious AI infrastructure projects.
SpaceXAI also plans to expand the AI infrastructure that supports Grok, using Nvidia’s Vera Rubin platform. The company is also expected to extend an optimized Vera Rubin NVL72 system into space aboard its first-generation Starmind satellite.
SPCX stock edged 0.3% higher in midday trade, with retail sentiment on Stocktwits trending down to ‘bearish’ from ‘neutral’ territory over the past day.
Nvidia also confirmed its Vera Rubin rack-scale system, Groq 3 LPX, is now in full production. In an Artificial Analysis benchmark running the open-source agentic model Gemma 4 31B, the system delivered 3,400 output tokens per second on 100,000-token long-context tasks, four times faster than the nearest competing platform.
It also shared that new on-silicon performance data from Nvidia showed Vera Rubin NVL72 systems delivering 30 times higher throughput per megawatt and 35 times lower token costs than the prior-generation GB300 NVL72.
Cantor Sees Five Potential Nvidia Catalysts
In a note cited by Investing, Cantor Fitzgerald reiterated an ‘Overweight’ rating and a $350 price target on Nvidia, citing five developments it believes could strengthen the stock’s case following Wednesday’s results. The first is clearer visibility into Nvidia’s data-center business for 2027, a segment where the company hasn’t yet issued detailed guidance.
The second is more clarity around Anthropic, an important Nvidia customer, ahead of its expected fourth-quarter 2026 IPO. Third, Cantor is watching for stronger capital spending signals from hyperscalers Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOG, GOOGL) for 2027 and 2028.
Fourth, the firm expects continued growth among neocloud providers, specialized AI compute providers that have become a growing share of Nvidia’s customer base.
Lastly, Cantor sees potential upside if GPUs become more broadly accepted as a financeable asset, which could unlock additional capital for AI companies to purchase Nvidia systems.
Wall Street expects Nvidia to report adjusted earnings per share (EPS) of $2.07 on revenue of $92.03 billion, as per Koyfin data.
Dan Ives, Jim Cramer Push Back On Nvidia Bears
In an interview with Bloomberg TV, Yorkville Ives Partner and Senior Managing Director, Dan Ives stated that the technology capital spending boom was a “Vegas Strip 1955 type moment” and said the AI revolution remains in its “third inning.”
“The reality today, demand supply for chips is upwards of 15-to-1,” Ives said.
In a post on X, CNBC Mad Money host Jim Cramer also pushed back against the growing focus on risks surrounding Nvidia, stating that earnings coverage has become increasingly focused on political challenges, customer financing arrangements and “circular investments” rather than the company’s underlying growth.
The comments come after Bloomberg reported on Sunday that some of Nvidia’s biggest customers have been told that the price of some of its AI chips will be higher by 15% starting next year.
Read also: MSTR Stock Gains After Strategy Sets Up $1.59B ‘USD Cash’ Pool With Bitcoin Nearing $79K
For updates and corrections, email newsroom[at]stocktwits[dot]com.<