The 2026 Q2 earnings season is nearly over for S&P 500 members, with the reporting cycle notably positive. Earnings and revenue growth as a whole for the S&P 500 members that have reported remain robust, with a decent chunk of companies also providing favorable commentary and outlooks for upcoming periods.

But looming large this week is none other than AI-favorite NVIDIA (NVDA Quick QuoteNVDA - Free Report) , whose results will wrap up the reporting cycle for the Magnificent Seven group as well. Let’s take a closer look at expectations.

NVIDIA Earnings Loom

Both EPS and revenue expectations for the upcoming release from NVIDIA have remained positive since mid-May, with earnings expected to climb nearly 100% YoY on 96% higher revenues. The sales growth rate actually reflects an acceleration compared to recent periods, reflecting just how strong the AI frenzy continues to be.

To little surprise, Data Center results will be the major focus, which have been the primary driving force behind its positivity over recent years. Unrelenting demand has led to huge growth, with everybody wanting the company’s critical AI infrastructure.

Below is a chart illustrating the company’s Data Center sales on a quarterly basis. Our consensus estimate for Data Center sales for the quarter to be reported stands at $85.1 billion, suggesting nearly 110% YoY growth.

Image Source: Zacks Investment Research