Smart investors will be prepared for any outcome with Nvidia's upcoming first-quarter results.

Our NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) call comes at a moment when the AI infrastructure trade is reaccelerating after a choppy first quarter. NVDA has rallied 8.44% in the past week and 18.

On May 6, NVIDIA Corporation (NASDAQ:NVDA) and Corning announced a multiyear commercial and technology partnership to expand U.S.-based manufacturing of optical connectivity products used in

And it will still have plenty of upside thereafter.

Nvidia is pouring billions of dollars at a time into companies across the AI infrastructure stack, while also signing commercial deals with them.

NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) stock just earned a fresh endorsement from Wells Fargo, which raised its price target to $315 from $265 and reiterated its Overweight rating on NVIDIA. The price target raise lands just eight days before NVIDIA’s quarterly report on May 20,

Nvidia CEO Jensen Huang told Carnegie Mellon graduates that there has never been a better time to start their careers, even with anxiety about AI and layoffs. At a commencement ceremony earlier this week,

But Corning stock has rocketed higher by 340% during the past year because of the company's advanced fiber-optic cables for data centers, which are in high demand from the artificial intelligence (AI) industry because they can transmit information between chips and components significantly faster than traditional copper alternatives.

Shares in the chip maker gained over 2% in premarket trading. CEO Jensen Huang has at the last minute [joined](