NVIDIA Corporation(NASDAQ:NVDA) was popping up about 2.5% on Wednesday ahead of the company's second-quarter earnings print, set to be released after the market closes.

When Nvidia printed a first-quarter earnings beat on May 24, the stock surged over 24.09% the following day and continued in a fairly consistent uptrend until topping out at the $480.88 mark on July 14, where the stock started to consolidate sideways before reaching a new all-time high of $481.87 on Tuesday.

For the first quarter, Nvidia reported earnings per share of $1.09 on revenues of $7.19 billion, exceeding a consensus estimate of EPS of 92 cents on revenues...