According to analysts' estimates, Nvidia's earnings reports for the quarter ending on November 20 are expected to show an increase of over 80% compared to the same period last year.

Nvidia (NVDA) stock price rose by 2.25% on November 7th, hitting a record high. The company's market capitalization reached $3.65 trillion, solidifying its position as the world's most valuable company as a chip maker for the first time.

The election of Republican candidate Donald Trump in the US presidential election has impacted Wall Street. After the election, investors have become more optimistic about the US stock market due to expectations of tax cuts and regulatory relief, leading to a concentration of buying in high-tech stocks like Nvidia. As a result, Nvidia's stock price rose on the 7th.

According to analysts' estimates, Nvidia is expected to achieve over 80% profit growth year-on-year in the quarterly earnings report on November 20th. Specifically, it is forecasted that quarterly sales will reach $32.9 billion, and this sales growth may put further upward pressure on the stock price.