FactSet tracks 64 analyst ratings on the chip designer's stock. And 51 of them rate Nvidia a buy in that system -- the highest available grade, equivalent to a strong buy on most rating platforms. Nine more call Nvidia an overweight opportunity, and the last four have settled for a hold. None of the 64 financial firms are going below that level.

Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.

The chip maker's shares have tended to pop after the Federal Reserve cuts interest rates, judging by data stretching back to 1999.

Nvidia (NASDAQ: NVDA) stock has delivered blistering gains since early last year, but it's been a wild ride. After surging 828%, the artificial intelligence (AI) chipmaker shed 27% of its value, though it's now down about 20%.