A slew of Wall Street analysts covering Nvidia Corp. are boosting their expectations for the chipmaker’s stock ahead of its quarterly earnings release due Aug. 27.

Nvidia stock is currently set to record its first two-week losing streak since April amid fears of an AI bubble.

It has been a rough week for Nvidia – the chip giant powering the AI revolution and just about every American’s 401(k) – and it’s not just recent headlines that are threatening the stock, On The Money has learned.

A wobble in U.S. technology shares has raised the stakes for Nvidia Corp's quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade.

Before the AI boom, Bitcoin mining drove Nvidia's stock higher, and before that, gaming. It's been many years of growth. So if you'd been lucky enough to invest $10,000 in Nvidia 10 years ago, how much would that be worth today? Your $10,000 would have turned into an incredible $3.05 million. You can see the scale of that growth below.

The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.

Fed Chair Jerome Powell sparks a stock-market rally Friday, with his Jackson Hole speech opening the door to an interest rate cut in September.