Nvidia has been the best performer on Wall Street this year among tech's megacap companies.

Nvidia is the only megacap tech stock to notch gains this year as investors have turned cautious on the hefty amounts of spending on AI infrastructure.

Nvidia has been the best performer on Wall Street this year among tech's megacap companies.

Analysts remain bullish on Nvidia given strong AI capex expected this year, healthy AI compute demand and the stock's valuation relative to hyperscaler peers.

Expectations are sky high for the company's earnings report as demand for Nvidia's AI processors breaks records.

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For the most part, analysts maintained their long-term bullish stance on Nvidia.