Shares of Nvidia (NVDA) are up over 160% year-to-date, and with the chipmaker's second quarter earnings report due out on Wednesday, August 28, the company has another opportunity to see some major stock movements. Is now the time to buy into Nvidia or will the stock peter out after it recovered from early August sell-offs?

Stifel managing director and applied technology analyst Ruben Roy sits down with the Morning Brief team to give insights into Nvidia's upcoming earnings and what the delay of its Blackwell chip shipments could mean for Nvidia's position in the artificial intelligence trade.

"We absolutely think this is still the best way to play AI," Roy claims. "Nvidia has emerged not only as a compute player in AI, but there's an entire ecosystem built around AI, which includes networking software and, increasingly, AI models themselves. And Nvidia has been building up over the last many years, all of those technologies. And we don't think anyone else is competitive to the extent that Nvidia is."

Follow along with Yahoo Finance's latest coverage of Nvidia ahead of its earnings this week:
Nvidia earnings highlight a busy end of August: What to know this week
Nvidia gets ready to take over the stock market (again)
4 AI terms Nvidia investors should know
Nvidia earnings 'absolutely key to the AI infrastructure trade'

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Nicholas Jacobino