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The US earnings season is set to conclude with Nvidia’s quarterly results, which will be pivotal for the enthusiasm surrounding artificial intelligence (AI) stocks. The company will report its first-quarter earnings for the fiscal year 2025 after the US market closes on 22 May. Nvidia has benefited the most from the AI boom, becoming the world’s third-largest company by market capitalisation, following Microsoft and Apple. The company’s share price has more than doubled in one year and surged an impressive 92% year to date in 2024. Since the second quarter of 2023, the AI chip maker’s revenue …

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