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The artificial intelligence trade faces a stress test this week, and the complication is that it arrives on two fronts at once. Nvidia (NASDAQ: NVDA) reports quarterly earnings on Wednesday while U.S.
Treasury Secretary Scott Bessent prepares to announce a new Iran sanctions package, with each development carrying its own read-through for equities.
Nasdaq 100 futures fell 0.6% and S&P 500 futures slipped 0.2% on Monday as investors weighed both. What's changed on the cost side The case for Nvidia has long rested on demand from the hyperscalers.
That story gets its test Wednesday, but a Bloomberg News report introduces a wrinkle: higher memory chip prices are driving up the cost of servers built around Nvidia processors.
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