Nvidia ( NVDA 0.66%) earnings have become quite the event for investors. Given the company's growth over the past two years, observers are curious about what each quarterly result will bring. Nvidia's rise has been a significant driving force behind the growth of the broader stock market, so continued success is key for every investor.

Wall Street’s AI darling, fell on Monday following reports that a senior executive had met with Chinese officials. The stock slip comes amid Nvidia’s stellar performance last week, which exceeded expectations.

Nvidia (NASDAQ: NVDA) stuck to tradition when it reported third-quarter earnings last week. It's easy to understand why Nvidia has been delivering such excellent surprises to investors quarter after quarter.

When Nvidia lifted the hood on its first-quarter operating results in May, it reported a scorching-hot gross margin of 78.4%. The dramatic increase the company has enjoyed in its gross margin is a function of AI-GPU scarcity and its aforementioned exceptional pricing power.