Amid the 'Lag 7', Nvidia results make it hard to argue AI cycle is running out of room: CIO

Prime Capital Financial CIO Will McGoff reviews Nvidia’s latest earnings and argues it indicates the AI investment cycle is still working, even as markets may be due for a “catch-up trade” across parts of the Magnificent Seven. He also highlights Nvidia’s potential exposure and opportunities in China. Overall, the piece is commentary on cycle signals rather than a clear positive/negative earnings shock, so near-term market impact is likely limited.