With the linchpin of the industry missing data center revenues, it’s a good idea to take a look at the rest of the pack to see whether or not it’s worth your time. Intel (NASDAQ: INTC) should be looked into because its turnaround relies significantly on the AI rally sticking around.

Nvidia Corp. faces the final test of an earnings season-driven rally that has sent its shares up more than 40% from an April low.

Nvidia stock is trading at a lower-than-average valuation as earnings approach. According to Dow Jones Market Data, Nvidia is trading at 28.4 times earnings expected over the next 12 months. That's lower than its five-year average of 40.