Should you buy NVIDIA (NVDA) before Thanksgiving? Analysts say so.

Investors have been eagerly awaiting Nvidia's third-quarter earnings report, with early reports indicating that the upcoming Blackwell chip series will be the most powerful GPU Nvidia has released to date. Blackwell could generate $10 billion in revenue by the end of the year, but analysts believe investors should pay attention to Nvidia's partnership with Super Micro.

Investors have been eagerly awaiting Nvidia's third-quarter earnings report, with early reports indicating that the upcoming Blackwell chip series will be Nvidia's most powerful GPU to date. Blackwell could generate $10 billion in revenue by the end of the year, butanalysts believe investors should pay attention to Nvidia's collaboration with Super Micro.

Over the past two years, Wall Street analysts and investors focusing on Nvidia NASDAQ: NVDA) have closely monitored the growth trends in computing and networking businesses, particularly the performance of Nvidia's AI data center services and Graphics Processing Unit (GPU) unit.

IT infrastructure company Super Micro Computer is one of Nvidia's close partners. Super Micro specializes in providing Storage Cluster Architectures to accommodate GPUs manufactured by Nvidia. In recent months,Super Micro has been plagued by financial audit issues and delayed submission of annual financial reports, adding uncertainty to the collaboration between Super Micro and Nvidia.

Nvidia is shifting part of its supply chain from Supermicro to other IT infrastructure companies. This transition could impact Nvidia's financial benchmarks related to Blackwell in any way.

Nvidia's stock price has seen significant gains over the past few years, showing considerable resilience even after experiencing some brief sell-offs. While Nvidia's massive returns in recent years have undoubtedly made the stock attractive, investors should remember that GPU competition is intensifying. While this may not cause significant harm to Nvidia, chips produced by other suppliers could weaken the company's future growth.

Analysts believe that betting before Nvidia's earnings report is released carries risks, apart from short-term investors. And as always, the old adage holds true: "Past performance is not indicative of future results."