“What’s really going to matter here is the guide. And it’s not the growth that’s the question, but the rates at which that growth is either accelerating or decelerating.”

Investors turned cautious ahead of Nvidia's earnings and a closely watched inflation report. Both are due later this week.

NVIDIA (NVDA) rises ahead of earnings. Bernstein’s Stacy Rasgon highlights the Rubin architecture as the key driver for data center growth.