Nvidia (NASDAQ:NVDA) has set the bar so high that what would be considered absolutely fantastic earnings for most companies only elicits a

Nvidia’s strong earnings report on Thursday signaled substantial growth potential and eased concerns about faltering AI demand. The company’s stock rose 2.6% in premarket trading, leading US stock futures higher.

Nvidia reported revenue that barely exceeded Wall Street’s expectations, triggering an 8.5% stock slide as investors hoped for more outperformance. But Bank of America said that Nvidia is still a solid investment and raised its price target 5%.