Should You Buy Nvidia Before June 25? Here’s What History Says (and It May Surprise You).

• Artificial intelligence (AI) powerhouse Nvidia recently impressed investors with soaring revenue that beat analysts’ estimates.

• The stock climbed in the weeks following the report.

• Investors are closely watching Nvidia CEO Jensen Huang’s comments about future prospects for the company and the general AI market.

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Nvidia (NASDAQ: NVDA) has been one of the stock market’s biggest movers and shakers in recent times. This is because the company plays a key role in a technology that has garnered everyone’s attention: artificial intelligence (AI). Nvidia’s chips power the training of models that set AI into action, and AI could change the world in much the same way the internet did several years ago.

That’s why investors have piled into Nvidia stock and have closely tuned in to anything the company’s chief executive officer Jensen Huang has said. These comments offer us some visibility on what’s ahead for the company — and even the entire industry. So, it’s not surprising that, often, after an Nvidia event, the stock will react.

As we look at the calendar, it tells us that one such event is right around the corner. On June 25, Nvidia holds its annual meeting of stockholders. Should you buy the stock before then? History has something to say — and it may surprise you.

Before we get started, let’s talk about Nvidia’s most recent big moment, and that was the company’s first-quarter earnings report on May 28.

Nvidia wowed investors once again, as revenue soared 69% to more than $44 billion, surpassing analysts’ estimates — and importantly, the company spoke of ongoing strong demand for its new Blackwell architecture. The platform was designed specifically with inferencing in mind, a smart move considering that is the area of focus for many AI customers. Inferencing is the “thinking” process that results in AI coming up with answers to complex questions, and this requires significant power.

“We’re off to the races,” Huang said during the earnings call, signaling much more growth lies ahead.

Nvidia stock climbed in the post-earnings trading session, and though it fluctuated on certain trading days, it delivered a gain of about 6% in the two weeks following the report.

Now, let’s consider the upcoming shareholders’ meeting. The company recently released the agenda, which includes items of business such as the election of directors nominated by the board of directors, advisory approval of executive compensation, and several other matters. These don’t stand out as elements that will push the stock higher or lower, though any comments from Huang about the company’s prospects could act as a catalyst.