Once again, Nvidia (NVDA) delivered a blockbuster earnings report on Wednesday night, proving exactly why it remains the undisputed king of AI chipmaking.

Revenue surged, profits smashed expectations, and CEO Jensen Huang made it clear that the AI boom is far from slowing down.

If you’ve been following The Million Mission, you know I’ve been bullish on Nvidia’s business for a long time.

Wednesday’s report proves that’s the right side of the market to be on.

The company’s GPUs are in insatiable demand, with hyperscalers like Amazon, Google, Microsoft, and Meta ramping up spending to secure more AI computing power.

Even the looming concerns around DeepSeek and lower-cost AI chips have done nothing to shake Nvidia’s dominance.

Yet, despite everything going right for Nvidia fundamentally, the stock is down…

The Business is Great… So What’s Up with the Stock?

Unfortunately, this isn’t the first time Nvidia’s reported knockout earnings while the stock trades in the opposite direction.

We’ve seen it the last few quarters…

Why?

In part, it’s a classic case of sky-high expectations.

Nvidia has been such a dominant force that anything short of absolute perfection leaves traders looking for an excuse to take profits.

And after the stock’s monster run over the past year, there was bound to be some selling pressure from funds looking to rebalance.

Another factor at play is the market's forward-looking nature.

Nvidia’s earnings report told us what already happened, but Wall Street is always trying to price in what happens next.

Some analysts are worried that demand growth will eventually normalize, even if there's little evidence of that happening yet.

What’s Next for Nvidia and My Portfolio?

The short-term reaction doesn’t change the long-term thesis: Nvidia remains at the center of the AI revolution.

Hyperscaler spending is still increasing, every major AI model being built today relies on Nvidia’s hardware, and the AI revolution is just getting started.

Although the stock has traded slightly lower, the business prospects of Nvidia are even brighter today than pre-earnings announcement.

Take a look at the company’s current EPS trend available for free on Yahoo! Finance.

This EPS Trend section shows how expert opinions of the stock are changing.

You can see that over the last 7 days, Nvidia’s average earnings estimates for the current year have increased from $4.43 per share to $4.52.

Next year's earnings estimates have also increased from $5.56 per share to $5.75 in just the last 7 days.

Going further, consensus estimates for Nvidia’s earnings growth rate is now 51% this year and 27% next year.

That’s incredible growth – making it one of the fastest growing companies in the S&P 500.

Despite the stock’s muted reaction, you can clearly see that Nvidia’s business fundamentals are only improving.

While short-term traders might be selling the news, I see opportunity.

When a world-class company posts stellar earnings and the stock dips anyway, it often sets up a buying opportunity.

That’s why I’m watching Nvidia closely in the coming days.

If the stock continues to slide, I may look to add to my position.

A pullback driven by profit-taking, rather than deteriorating fundamentals, is exactly the kind of setup I like.

Long term, Nvidia’s trajectory is clear: more AI demand, more data center buildouts, more revenue, and more profits.

The market may take a few days to digest these results, but make no mistake – Nvidia is still the dominant force in AI computing, and I expect that to reflect in the stock price soon enough.