SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls 
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
SoftBank Shares Slide as OpenAI IPO Delay Concerns Weigh on AI Investment Outlook 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case 
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns 
Wall Street's leading Nvidia bull has raised concerns over the stock's future, citing overheating Blackwell systems and a shaky semiconductor sector. With earnings on the horizon, investor sentiment grows increasingly cautious.
Nvidia Faces Mounting Pressure Ahead of Earnings Report
According to Jordan Klein of Mizuho, the semiconductor industry darling and tech rally player Nvidia is facing increasing pressure in the days leading up to its much-anticipated earnings announcement.
Notable Nvidia bull Klein wrote to investors, stating that the company's stock is "modestly at risk" owing to increased market pressures and investor actions.
A combination of industry-wide decline and worries about Nvidia's newest Blackwell systems—which have allegedly experienced overheating problems—were cited by Klein.
Overheating Blackwell Systems Add to Nvidia’s Woes
"Futures indicated higher this morning, but the negative news out on overheating issues in Nvidia's new Blackwell systems has me incrementally worried about Semis," said Klein.
"There is just so much quant, passive and fast momentum money swirling around in markets these days and I assume that style sells first, asks questions later." He cited larger market factors as the reason he doubts early gains in tech stocks may continue.
The semiconductor industry was already feeling the heat before this week's dismal guidance from Applied Materials added fuel to the fire.
Semiconductor Sector Struggles Amplify Concerns
"Friday's trading action was just a terrible sign for the Tech sector," Klein pointed out. He noted that investors are now seeking "any and every reason to sell," and that semiconductor companies are especially susceptible to this trend.
Given Nvidia's position as the market's most-followed stock, Klein stressed the increased importance of the company's next earnings, Investing.com reports.
"A terrible reaction to a mixed print and guide from semi cap AMAT puts even more focus and pressure on Nvidia to halt the decline with a strong enough beat and guide," according to him.
Nvidia's Valuation Sets a Higher Threshold
The present value of Nvidia, he added, sets a greater threshold than in prior quarters.
While Klein is bullish on Nvidia's future, he did warn of the dangers of short-term negative pressure, particularly from retail and momentum investors who "purely react to headlines and initial stock moves."
