If Nvidia significantly exceeds conservative growth targets with help from Blackwell, the stock could rise despite slowing revenue growth, and the absence of a killer app for generative AI.

Among the companies benefiting from artificial intelligence (AI) entering the mainstream are semiconductor giants Broadcom ( AVGO -0.11%) and Nvidia ( NVDA -3.10%). The arrival of AI supercharged sales for both businesses as customers sought the necessary hardware and software to implement AI into their organizations.

Nvidia stock rose as much as 4% on Tuesday following a series of bullish notes from Wall Street analysts ahead of its earnings report.