Nvidia stock is up 20% this year, beating the S&P 500's 14% gain but far below its past explosive performance. The company remains the linchpin of AI infrastructure, guiding for 95% revenue growth in its fiscal 2027 second quarter. However, historical patterns show most of Nvidia's annual gains typically occur in the first seven months, with muted returns in the latter part of the year. Wall Street's reaction to even strong earnings may be subdued given Nvidia's massive market cap.
