Nvidia stock is trading at a record high after Wall Street analysts issued bullish calls and as CEO Jensen Huang joins Trump's China summit.

Smart investors will be prepared for any outcome with Nvidia's upcoming first-quarter results.

The stock has already been rising recently as other AI companies have reported outstanding results. Here's what to expect when Nvidia delivers its fiscal 2027 first-quarter numbers on May 20.

The stock market has produced some astonishing winners over the years, but what’s happening with Nvidia (NASDAQ:NVDA | NVDA Price Prediction) feels different. Five years ago, Nvidia was still largely viewed as a high-end gaming graphics card maker with growing data center ambitions.

Excluded from the original list, Nvidia's CEO joins Team America en route to Beijing, and the AI giant's stock surges toward another record Nvidia founder and CEO, Jensen Huang boarded Air Force One when it stopped to refuel in Alaska on its way to China ...

And it will still have plenty of upside thereafter.

Bank of America raised its price target on NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) to $320 from $300 on Wednesday, reiterating its Buy rating after lifting its calendar year 2030 AI data center systems total addressable market forecast to roughly $1.

When the AI chip giant filed its last quarterly update three months ago, the company reported $95.2 billion in purchase commitments with its supply vendors. That dwarfed the $11.4 billion in commitments related to Nvidia’s many investments,

Months-old Ineffable Intelligence announced a record $1.1 billion seed round in April.