Franklin Templeton’s Sara Araghi said Nvidia Corp. needs to go beyond a headline earnings beat and provide investors with concrete detail on how it plans to deploy capital and sustain its spending plans.

“More color on these investments, the value of those investments — I think the market needs to see that,” Araghi said Tuesday in a Bloomberg Television interview on the eve of the chipmaker’s much-anticipated quarterly results.

Araghi’s comments underscore growing investor demand for clarity on Nvidia’s long-term strategy, not just short-term financial performance. As the company prepares to report earnings, shareholders are looking for a roadmap that outlines capital allocation and future spending commitments.

The focus on transparency comes as Nvidia’s stock has been a major driver of market gains, and investors are increasingly scrutinizing whether the company’s massive investments in AI infrastructure will yield sustainable returns. Araghi’s remarks signal that a simple earnings beat may no longer suffice to satisfy market expectations.