As Nvidia Corp. (NASDAQ:NVDA) prepares to report its fiscal second-quarter earnings on Wednesday, market sentiment is splitting between media skepticism and Wall Street bullishness.
CNBC’s Jim Cramer slammed ongoing news coverage for taking a “cynical” stance on the chipmaker’s trajectory, while analyst Dan Ives declared that fundamental AI chip demand continues to outstrip supply by “15 to one.”
Cramer Calls Out Media Skepticism
Ahead of the highly anticipated report, according to Benzinga Pro, the options market is pricing in a 5.27% implied swing for Nvidia stock, representing approximately $275 billion in market value hanging on the outcome. — https://pro.benzinga.com/
Despite high expectations, Cramer took to social media to criticize negative headlines, arguing that news outlets fixate on downside risks even as Nvidia earnings grow “ever more important.”
“The stories about it always stress what could go wrong and is going wrong: political woes, need to make deals that they fund, circular investments; the press makes this so much tougher,” Cramer posted on X. “I wish i could be as cynical and caustic and pessimistic but it doesn’t work for me.”
Nvidia earnings grow ever more important and the stories about it always stress what could go wrong and is going wrong: political woes, need to make deals that they fund, circular investments; the press makes this so much tougher…but it perceives that as its job…I wish i…
— Jim Cramer (@jimcramer) August 24, 2026
Read Also: Nvidia’s AI Servers Are About to Get Even More Expensive as Rising Memory Costs Push Prices Up More Than 15%: Report
Ives Sees Massive Growth Driven by Unrelenting Demand
Appearing on Bloomberg TV, Dan Ives echoed a strongly bullish thesis, describing the massive tech CapEx buildout as a “Vegas Strip 1955 type moment.”
Ives brushed aside concerns regarding circular financing, asserting that corporate adoption remains strong and that the AI revolution is only in its “third inning.” “The reality today, demand supply for chips is upwards of 15-to-1,” Ives stated.
Commenting on reports that surging memory costs could push prices for Nvidia AI servers up by over 15% for major customers like Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), and Oracle Corp. (NASDAQ:ORCL), Ives maintained that high prices won’t slow buying: “You cannot take the foot off the gas right now because of the demand cycle.”
Meanwhile, Wall Street estimates it will report second-quarter earnings of $2.07 per share on revenue of $92.03 billion on Wednesday, Aug. 26, after the market closes.
The earnings report follows major operational moves by Nvidia, including a $6 billion deal to license startup Poolside’s technology to advance open-weight AI models.
How Has NVDA Performed in 2026?
NVDA shares rose 15.13% year-to-date, 22.71% over the last year, and 13.12% over the last six months. It closed 0.98% lower at $214.72 per share on Friday, and it was 0.02% higher in premarket trading on Monday.
Benzinga’s Edge Stock Rankings indicate that NVDA maintains a strong price trend in the short, long and medium terms, with a good quality score.
Read Also: Nvidia Could Swing $282 Billion In Value After Earnings
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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