Track market-moving stories before they get noisy

An Nvidia (NASDAQ:NVDA) earnings miss has become almost unthinkable after 15 straight quarters of beating estimates. Quarter after quarter, the AI chip giant has trained Wall Street to expect another blowout. But VanEck says the biggest threat to that streak may have little to do with demand for Nvidia’s chips — and everything to do with whether customers can actually get enough electricity to run them.

After consistently beating analyst estimates for revenue and earnings per share, VanEck analysts see some risk for Nvidia for the upcoming third quarter.

VanEck projects that chips sold by Nvidia, Advanced Micro Devices (NASDAQ:AMD) and Broadcom (NASDAQ:AVGO) will collectively require about 30 gigawatts of U.S. power through 2027. However, only about 15 to 25 gigawatts of new U.S. data centers with power available to run their equipment are expected to come online each year, the asset manager estimates.

"We see more risk that NVDA misses estimates because its customers cannot get power than that the miners fail to lease their megawatts," VanEck analysts including Patrick Bush and Matthew Sigel wrote in a note.  

Based on that assessment, the unthinkable could happen: Nvidia could keep extraordinary AI demand, but still fall short of Wall Street earnings estimates.

The analysts estimate that every 1GW its customers can’t energize represents around $37 billion of revenue, or around 6% of the total, that Nvidia could lose out on. A potential 3GW shortfall could lead to an 18% revenue drop.

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Nvidia Earnings EstimatesAnalysts expect Nvidia to post third-quarter earnings per share of $2.38, up from $1.30 in the year-earlier period. The company has beaten analyst expectations for earnings per share in 15 straight quarters, Benzinga Pro data show.

For revenue, analysts expect the chip giant to report a third quarter total of $104.19 billion. This would be up significantly from the $57.01 billion reported a year earlier and top the record set in the second quarter ($96.22 billion) of this fiscal year.

Nvidia has beaten analyst estimates for revenue in 16 straight quarters.

VanEck’s warning could be early with third-quarter earnings likely coming in November, but show a real threat of Nvidia not being able to hit optimistic estimates from analysts due to supply.

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Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Nvidia (NVDA - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Nvidia currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if NVDA is a promising momentum pick, let's examine some Momentum Style elements to see if this maker of graphics chips for gaming and artificial intelligence holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For NVDA, shares are up 1.82% over the past week while the Zacks Semiconductor - General industry is down 1.26% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 3.52% compares favorably with the industry's 0.06% performance as well.

While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Nvidia have risen 15.45%, and are up 25.81% in the last year. On the other hand, the S&P 500 has only moved 3.19% and 16.94%, respectively.

Investors should also take note of NVDA's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now NVDA is averaging 129,756,912 shares for the last 20 days..

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with NVDA.

Over the past two months, 13 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NVDA's consensus estimate, increasing from $8.89 to $9.25 in the past 60 days. Looking at the next fiscal year, 12 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that NVDA is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Nvidia on your short list.

China headlines, a tech selloff, and a $279 billion supply commitment that could go sideways if AI demand fades: here is why one investor keeps adding to Nvidia anyway.

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I hit the buy button on NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) again last week, and I will almost certainly do it again next month. The China headlines keep coming. The tech sector keeps wobbling. I keep buying. That is conviction. It is what happens when a company you own posts 105.85% year-over-year revenue growth and the market still argues about whether the story is real.

Why I Keep Hitting Buy The core reason is simple: NVIDIA sells the machines that make artificial intelligence work, and those machines are still supply-constrained. On the last earnings call, management said flatly that “at this moment, we have supply for 70%” of demand, and that the constraint runs “at least through the end of fiscal year 28.” When a company grows revenue triple digits and tells you the ceiling is its own factories, not its customers, I want to own more of it.

Three Receipts That Keep the Buy Alive First, the profitability. Non-GAAP gross margin came in at 75.0% last quarter, operating margin at 60.38%, and net margin at 55.60%. Return on equity is 101.5% and return on invested capital is 92.2%. Those are platform-caliber ratios, well above what a commoditized parts maker posts.

Second, the balance sheet and the buyback. Debt-to-equity sits at 0.073, interest coverage at 503x. Q2 free cash flow was $21.341 billion. The company returned $26.0 billion to shareholders in the quarter, with roughly $99.0 billion left on the repurchase authorization. The token dividend of $0.25 is beside the point. This is a compounder that shrinks its share count.

Third, the trajectory. Analysts now model fiscal 2028 EPS at an average of 15.6826, up from 12.6737 ninety days ago, with 42 upward revisions and zero downward revisions in the last thirty days. Against that, a P/E of 45 stops looking rich.

Why Not AMD, Intel, or Broadcom I have looked at Advanced Micro Devices (NASDAQ:AMD), Intel (NASDAQ:INTC), and Broadcom (NASDAQ:AVGO). Intel is now a partner: NVIDIA disclosed custom co-developed products via NVLink with Intel. AMD and Broadcom compete, but NVIDIA’s data center segment alone did $89.023 billion in a single quarter at 117% growth, and networking inside that number grew 138%. The CUDA install base, purchase orders from “every major hyperscaler, AI cloud, and system OEM” for Vera Rubin, and the $40 billion per gigawatt revenue opportunity Vera Rubin unlocks (up from $25 billion on Blackwell) are what my money is buying. I would rather own the platform than the challenger.

Real Risk: China and the $279 Billion Bet Two things could hurt. China is already zeroed out: forward guidance excludes any China data center compute revenue, and Hopper into China was less than 1% of data center revenue last quarter. The bigger risk is on the balance sheet. Supply commitments jumped to $279.00 billion, mostly memory for Vera Rubin, and guarantee obligations are capped at $108.5 billion. If AI demand cools before that inventory turns, margins get ugly. Management’s answer is that the compute is fungible and redeployable. With hyperscaler capex projected at nearly $800 billion in 2026 and $1.3 trillion in 2027, I believe them (and it is also why the power, cooling, and networking suppliers behind those data centers keep showing up in our free AI infrastructure report).

Forward Conviction Q3 guidance is $108.0 billion with zero China contribution baked in. Jensen Huang put it plainly: “compute is revenue.” As long as that sentence keeps proving out one quarter at a time, my buy button stays warm.

Contact [email protected] for any questions or corrections.

Artificial intelligence (AI) and quantum computing are two complementary waves. Classical AI is in need of more compute, better models, and cheaper tokens. The companies developing quantum computing systems are betting that their ability to handle specific types of extremely complex problems will eventually allow them to provide answers to questions in chemistry, drug development, materials science, logistics, financial services, and more that are beyond the reach of even the biggest GPU clusters.

This is why growth investors may be tempted to view Nvidia (NVDA +0.60%), the world's dominant graphics processing unit (GPU) designer, and IonQ (IONQ +3.41%), a quantum computing pure play, through the same tech sector investing lens.

Below, I'll break down why Nvidia is the business you actually want to own for the long term despite IonQ's eye-watering growth.

Image source: Getty Images.

IonQ's full quantum stack vs. Nvidia's AI factories IonQ sells access to its trapped-ion quantum computers, as well as a broader range of networking, security, and sensing applications. Customers can reach IonQ's machines through Amazon Braket, Microsoft Azure Quantum, and Google Cloud. The company has spent the last year building a vertically integrated stack, most recently layering on manufacturing and packaging expertise through its acquisition of foundry specialist, SkyWater Technology.

IonQ's top line looks explosive upon first glance. During the second quarter, revenue reached $80 million -- up 287% year over year. Organic guidance implies a doubling of the core business this year, but when you layer in the combined outlook after the SkyWater deal, IonQ's revenue is expected to jump to between $450 million and $460 million. The high end of this range would amount to 254% growth year over year. That's the kind of number that lights up finance homepages.

Nvidia is growing from a completely different dimension compared to IonQ. During Q2, the company generated $96.2 billion in revenue, up 106% year over year. The data center segment did most of the heavy lifting, growing 117% to $89 billion.

The fact that the data center segment is still growing faster than the rest of the business quietly signals how Nvidia is transitioning from a GPU shop to a more comprehensive business. During the earnings call, CEO Jensen Huang spent quite a bit of time explaining how Nvidia is complementing its core GPU business with Grace and Vera CPUs, Spectrum-X Ethernet, BlueField DPUs, NVLink fabrics, and a software layer (CUDA) that stitches all of these products together in one unified rack.

While most of Nvidia's business still stems from the data center build-out, the company is deliberately widening its product map. This makes the contrast simple: IonQ is building an expensive stack while its market is still tiny; by contrast, Nvidia is quietly becoming the go-to architect for hyperscale AI factories.

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IonQ is a mess below the top line If you look further down the income statement, comparing IonQ to Nvidia stops being cute. In Q2, IonQ booked an operating loss of $337 million while bringing in just $80 million in sales. Meanwhile, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were $120 million in the red. The company has covered its liquidity needs and financed acquisitions by issuing more stock. Growth that is paid for with dilution is a far cry from growth that funds itself.

IONQ Shares Outstanding (Quarterly) data by YCharts.

Nvidia lives on the other side of this ledger. In Q2, its gross margin sat at 75%, and its operating income was $64 billion. Free cash flow still grew by 61% to $21 billion, even in a quarter when its working capital swelled alongside infrastructure build-outs. This is as clear an example of pricing power as it gets: Nvidia's juicy gross margins are dropping to the bottom line, and then leaving the building via shareholder-friendly stock buybacks and dividends, and investments in more capacity.

Valuation does the talking With a market cap of around $15 billion, IonQ trades at a price-to-sales (P/S) ratio of 53. A multiple like that only works if you believe the company can scale up into a large, durable profit engine without going through another decade of shareholder dilution. The market can be tough on businesses that stay unprofitable and narrative-driven for too long.

By contrast, Nvidia is the largest company in the world, with a market cap of $5.3 trillion. Its trailing price-to-earnings (P/E) multiple is roughly 27, while its forward P/E hovers around 24. This compression is well below the levels Nvidia saw during earlier cycles of the AI revolution.

NVDA PE Ratio data by YCharts.

Nvidia's relative cheapness is a tell. Investors are still treating the company as a data center GPU play. However, it's swiftly becoming a full-spectrum vendor for AI factories: silicon, networking, CPUs, software, and the rack-level design that makes tokens per watt a monetizable product.

Remember, growth is relative. IonQ is sprinting higher off a tiny base of sales, so its growth looks more heroic than it really is. Nvidia is a $5.3 trillion empire with real cash flow that's still compounding its revenues at a triple-digit percentage this year and guiding for 70% growth next year. That is the machine at work, which ultimately makes Nvidia the no-brainer opportunity for investors right now.

Bryn Mawr Trust Advisors LLC boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 9.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 82,069 shares of the computer hardware maker’s stock after acquiring an additional 7,225 shares during the quarter. NVIDIA comprises about 0.7% of Bryn Mawr Trust Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Bryn Mawr Trust Advisors LLC’s holdings in NVIDIA were worth $16,421,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of NVDA. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA in the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA during the first quarter worth approximately $27,000. Phillip James Consulting Co. acquired a new position in NVIDIA in the first quarter worth approximately $40,000. Syntax Research Inc. grew its position in NVIDIA by 62.5% in the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock worth $49,000 after buying an additional 100 shares during the last quarter. Finally, Frankly Finances LLC bought a new position in shares of NVIDIA in the second quarter valued at $60,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes A number of brokerages have recently commented on NVDA. Itau BBA Securities cut their price objective on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Melius Research set a $420.00 target price on NVIDIA in a report on Thursday, August 27th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NVIDIA in a research report on Thursday, September 10th. Oppenheimer set a $315.00 target price on NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Finally, Mizuho set a $315.00 price target on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $324.34.

Get Our Latest Analysis on NVIDIA Insider Buying and Selling In other NVIDIA news, EVP Timothy S. Teter sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,735,658 shares of company stock worth $392,663,865. 3.94% of the stock is owned by company insiders.

NVIDIA Price Performance NASDAQ:NVDA opened at $222.27 on Monday. The firm has a market capitalization of $5.36 trillion, a price-to-earnings ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $236.54. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average price is $214.66 and its 200 day moving average price is $204.44.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the prior year, the business earned $1.05 EPS. The business’s revenue for the quarter was up 105.9% on a year-over-year basis. On average, sell-side analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio is 12.64%.

Key NVIDIA News Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. About NVIDIA (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

See Also Five stocks we like better than NVIDIA NVIDIA Just Named AI’s Next Bottleneck—And These 3 Stocks Sit Right In It Gold Has Gone Sideways, But These 3 Stocks Haven’t The AI Bottleneck Is Not Chips Anymore and 3 Pipeline Stocks Are Cashing In These 3 Stocks Under $20 Have Wall Street Looking Past the Share Price

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BIP Wealth LLC raised its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 31.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,116 shares of the computer hardware maker’s stock after acquiring an additional 19,135 shares during the quarter. NVIDIA comprises 0.4% of BIP Wealth LLC’s holdings, making the stock its 25th largest position. BIP Wealth LLC’s holdings in NVIDIA were worth $15,830,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA in the 1st quarter valued at $27,000. Phillip James Consulting Co. bought a new position in NVIDIA during the 1st quarter worth $40,000. Syntax Research Inc. increased its position in NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock worth $49,000 after buying an additional 100 shares during the period. Finally, Frankly Finances LLC acquired a new stake in shares of NVIDIA during the second quarter worth $60,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. Wall Street Analysts Forecast Growth Several equities analysts recently commented on the stock. Needham & Company LLC restated a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a research note on Friday, September 4th. Itau BBA Securities dropped their price objective on shares of NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. UBS Group set a $300.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a report on Thursday, August 27th. Morgan Stanley set a $300.00 target price on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Finally, Oppenheimer set a $315.00 price target on shares of NVIDIA and gave the company an “outperform” rating in a research report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $324.34. Check Out Our Latest Research Report on NVDA

Insider Buying and Selling In related news, CFO Colette Kress sold 34,918 shares of the business’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,735,658 shares of company stock worth $392,663,865 in the last 90 days. Insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance Shares of NVDA opened at $222.27 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The firm has a market cap of $5.36 trillion, a price-to-earnings ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22. The business’s fifty day moving average is $214.66 and its 200-day moving average is $204.44.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s quarterly revenue was up 105.9% compared to the same quarter last year. During the same period last year, the company posted $1.05 EPS. Equities analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

See Also Five stocks we like better than NVIDIA NVIDIA Just Named AI’s Next Bottleneck—And These 3 Stocks Sit Right In It Gold Has Gone Sideways, But These 3 Stocks Haven’t The AI Bottleneck Is Not Chips Anymore and 3 Pipeline Stocks Are Cashing In These 3 Stocks Under $20 Have Wall Street Looking Past the Share Price Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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Summit Global Investments lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 22.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 122,669 shares of the computer hardware maker’s stock after selling 35,333 shares during the period. NVIDIA makes up 1.3% of Summit Global Investments’ investment portfolio, making the stock its 4th biggest holding. Summit Global Investments’ holdings in NVIDIA were worth $24,545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Lifetime Wealth Management P.C. bought a new stake in NVIDIA during the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. bought a new position in shares of NVIDIA during the first quarter valued at about $27,000. Phillip James Consulting Co. purchased a new position in shares of NVIDIA in the 1st quarter worth approximately $40,000. Syntax Research Inc. boosted its stake in shares of NVIDIA by 62.5% in the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock worth $49,000 after buying an additional 100 shares during the last quarter. Finally, Frankly Finances LLC bought a new position in NVIDIA in the 2nd quarter valued at $60,000. Institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA In other news, EVP Timothy Teter sold 30,000 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,735,658 shares of company stock worth $392,663,865. 3.94% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In A number of research firms recently commented on NVDA. Tigress Financial reaffirmed a “strong-buy” rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Truist Financial raised their target price on NVIDIA from $307.00 to $346.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Rothschild & Co Redburn upped their price target on NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. BMO Capital Markets set a $340.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a report on Thursday, August 20th. Finally, William Blair reiterated an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and a consensus target price of $324.34. Check Out Our Latest Analysis on NVIDIA

NVIDIA News Roundup Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. NVIDIA Price Performance Shares of NASDAQ:NVDA opened at $222.27 on Monday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5.36 trillion, a PE ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22. The company’s fifty day moving average is $214.66 and its 200 day moving average is $204.44. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company’s quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.05 earnings per share. Research analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Further Reading Five stocks we like better than NVIDIA NVIDIA Just Named AI’s Next Bottleneck—And These 3 Stocks Sit Right In It Gold Has Gone Sideways, But These 3 Stocks Haven’t The AI Bottleneck Is Not Chips Anymore and 3 Pipeline Stocks Are Cashing In These 3 Stocks Under $20 Have Wall Street Looking Past the Share Price

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SWS Partners raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 13.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,644 shares of the computer hardware maker’s stock after purchasing an additional 10,094 shares during the period. NVIDIA accounts for approximately 3.6% of SWS Partners’ holdings, making the stock its 4th biggest position. SWS Partners’ holdings in NVIDIA were worth $16,736,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NVDA. Bank of America Corp DE boosted its holdings in NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock worth $33,345,453,000 after buying an additional 4,019,505 shares in the last quarter. Invesco Ltd. increased its stake in NVIDIA by 0.3% in the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker’s stock valued at $26,714,167,000 after buying an additional 446,178 shares during the period. J. Stern & Co. LLP lifted its position in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after buying an additional 124,849,603 shares in the last quarter. Amundi grew its stake in NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock valued at $23,329,141,000 after purchasing an additional 12,575,177 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in NVIDIA by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock worth $16,479,126,000 after purchasing an additional 555,221 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Transactions at NVIDIA In related news, Director Mark Stevens sold 622,239 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Timothy Teter sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $585,587,360.80. This trade represents a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,735,658 shares of company stock worth $392,663,865. Corporate insiders own 3.94% of the company’s stock.

Wall Street Analyst Weigh In A number of research analysts have recently weighed in on the stock. Rothschild & Co Redburn raised their price target on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Piper Sandler started coverage on shares of NVIDIA in a research report on Wednesday, September 9th. They set an “overweight” rating and a $300.00 target price for the company. Zacks Research lowered NVIDIA from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. UBS Group set a $300.00 price target on shares of NVIDIA and gave the stock a “buy” rating in a research report on Thursday, August 27th. Finally, Citigroup reaffirmed a “buy” rating and set a $315.00 price objective (up from $300.00) on shares of NVIDIA in a research report on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $324.34. View Our Latest Report on NVDA

NVIDIA Price Performance Shares of NASDAQ:NVDA opened at $222.27 on Monday. The company has a market capitalization of $5.36 trillion, a PE ratio of 28.10, a P/E/G ratio of 1.72 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company’s fifty day moving average is $214.66 and its 200-day moving average is $204.44. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the company earned $1.05 EPS. NVIDIA’s revenue for the quarter was up 105.9% on a year-over-year basis. Equities research analysts predict that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. NVIDIA’s payout ratio is currently 12.64%.

Key Headlines Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Further Reading Five stocks we like better than NVIDIA NVIDIA Just Named AI’s Next Bottleneck—And These 3 Stocks Sit Right In It Gold Has Gone Sideways, But These 3 Stocks Haven’t The AI Bottleneck Is Not Chips Anymore and 3 Pipeline Stocks Are Cashing In These 3 Stocks Under $20 Have Wall Street Looking Past the Share Price

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Nvidia stock was rising Monday and there's a chance of a boost from talks between President Donald Trump and Chinese leader Xi Jinping.

Strategic collaboration accelerates Einride's push into highway and suburban autonomous trucking.Einride will adapt the NVIDIA DRIVE Hyperion platform for heavy-duty trucking, working directly with NVIDIA to extend the platform's compute, sensor, software and safety architecture to the demands of heavy-duty freight.Building the next generation of the Einride Driver on NVIDIA Hyperion platform, will enable Einride to scale autonomous deployment across a freight network that's already serving customers today. STOCKHOLM, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Einride AB (Nasdaq: ENRD) ("Einride" or the "Company"), a technology company driving the transition to cost-efficient autonomous and electric freight for some of the world's largest shippers, today announced a collaboration with NVIDIA to further accelerate the transition of the Company’s extensive freight network to autonomous operations.

Einride develops and integrates the technologies required to create cost-efficient autonomous and electric freight networks for its global shipping customers. Einride currently operates hundreds of electric trucks for major shippers across the U.S., Europe, and the Middle East, including autonomous trucks already operating in contracted customer deployments. This footprint is expected to scale to 1,500-2,000 vehicles by 2028, based on customer demand captured on its platform so far, and approximately 80% of that demand is suitable for automation in the medium term as the company continues to advance its autonomous technology.

Einride designs, builds, and operates the autonomous-driving system end-to-end, including safety validation, regulatory approval, and contracted customer deployments, while NVIDIA provides the underlying compute platform and AI development tools that support the system.

"We have the customers, the operational experience and the technology. Building the next generation of the Einride Driver on the NVIDIA Hyperion platform, will enable us to scale autonomous deployment across a freight network that's already serving customers today,“ said Henrik Green, Chief Technology Officer at Einride.

“Autonomous trucking represents one of the clearest opportunities to improve the safety and efficiency of global freight,” said Rishi Dhall, vice president of automotive at NVIDIA. “By building on NVIDIA Hyperion with the NVIDIA Halos safety system and using NVIDIA Cosmos and Blackwell infrastructure, Einride can accelerate the development and validation of its autonomous-driving technology and scale deployments across its growing freight network.”

Built on the NVIDIA Hyperion platform, a production-ready compute and sensor reference architecture for Level 4 autonomy, and integrated with the NVIDIA Halos safety system, the collaboration creates a scalable foundation that accelerates safe, production-ready autonomous freight operations for Einride.

Einride intends to deploy NVIDIA Blackwell architecture at scale with an NVIDIA Exemplar Cloud partner, a cloud provider whose infrastructure NVIDIA has validated for large-scale AI training performance, to train, test and refine its autonomous driving models. This is a compute and development infrastructure that supports Einride’s own autonomous-driving stack.

Einride will adapt the NVIDIA Hyperion platform for heavy-duty trucking, working directly with NVIDIA to extend the platform's compute, sensor, software and safety architecture to the demands of heavy-duty freight. As part of its AI development workflow, Einride is using NVIDIA Cosmos to help improve the safety and reliability of its autonomous vehicles. NVIDIA Cosmos enables Einride to search and curate camera data to identify complex edge cases, as well as augment real-world data with photorealistic synthetic scenarios that increase the diversity of data used for AI training and validation.

About Einride

Founded in Stockholm in 2016, Einride (Nasdaq: ENRD) is a technology leader driving the transition to sustainable, cost-efficient autonomous and electric freight operations. The company’s platform integrates AI-powered freight intelligence, proprietary autonomous technology, and one of the world’s largest electric heavy-duty fleets. Einride serves a global customer base across North America, Europe, and the Middle East through a dual business model encompassing Freight-Capacity-as-a-Service (FCaaS) and a software platform.

Investor & Media Contacts
Christina Zander
Head of Communications, Einride
[email protected], [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/967e7af8-18f2-499b-81de-182b68ded31f

The boss of the chipmaker Nvidia has said AI will not develop to a point that will lead to the extinction of the human race within a few years, rejecting such assertions as overblown “doomsday narratives”.

Jensen Huang, the co-founder and chief executive of the $5tn AI chipmaker, said the claims made on social media by the former Anthropic researcher Jacob Coxon that AI could become “superhuman” and kill off humanity within the decade was “irresponsible”.

“2030 is not going to be the end of the world. There is 0% chance that’s going to be the end of the world,” Huang said in an interview with CBS News. “Scaring people is unnecessary. It is irresponsible.”

Coxon’s remarks, which were backed by two other researchers at the maker of the AI Claude, prompted an international debate about the dangers and lack of oversight of AI as companies race to develop ever more powerful models.

US lawmakers have criticised AI companies over the risks and Anthropic published a threat intelligence report detailing how criminals, state-sponsored groups, spyware vendors, scientists and propagandists have tried to use its powerful AI models to design missiles and bombs, create deadly pathogens and spy on dissidents.

Dario Amodei, the chief executive of Anthropic, Sam Altman, the boss of the ChatGPT maker OpenAI, and Elon Musk have called for development of the technology to be slowed down.

However, Donald Trump has dismissed anxiety over the AI development as a “hoax” and a “conspiracy”, adding that a slowdown could give China the edge.

On Sunday, Scott Bessent, the US Treasury secretary, said the US and China had agreed to set up an AI dialogue mechanism to alert each other to help contain the technology’s potential dangers.

Huang insisted that predictions of an extinction-level event caused by AI were “not grounded in science”.

“Our company’s success is directly connected to the safe deployment of products and services,” he said. “If we don’t continue to do that, our value would be diminished. You have all kinds of liabilities associated with cybersecurity [and damage liability laws]. Apply that first. Don’t let this doomsday narrative allow someone to relieve them of the laws that currently exist.”

On Monday the the Tony Blair Institute (TBI) thinktank published a paper arguing that countries risk “profound and compounding disadvantage” if they fail to embrace AI and fall behind other nations.

However, the TBI also warned that the institutions meant to support the choices leaders will have to make are not equipped to do so.

“The previous [industrial] revolution transformed our world over generations, AI will do so within a decade,” said Tony Blair in a foreword to the paper. “New capabilities are emerging at an extraordinary pace, with profound implications for economies, education, science, labour markets, public services and national security. But the risks are equally profound and growing, and so too is public concern. Today’s political leaders… must make hard choices that will signficantly alter their countries’ trajectories. However, the institutions of the modern state meant to support political leaders in making these choices are simply not equipped for what is coming.”

The VanEck Semiconductor ETF (SMH +2.21%) is having another big year. As of this writing, the chip-focused fund has generated a total return of about 59% in 2026. The S&P 500 (^GSPC +0.17%), with dividends included, has gained about 12%.

And a difference like that is nothing new. Measured on total return, the fund beat the index in eight of the 10 calendar years from 2016 through 2025. In its eight winning years, it never won by less than about 13 percentage points.

A record like that can make the fund look like a simple upgrade over an S&P 500 index fund. But I don't think it is that simple. The two years the fund lost (and how badly it lost them) say as much about owning it as the eight years it won.

Image source: Getty Images.

Eight wins in 10 yearsThe winning years were rarely close. The stretch began with a win in 2016, about 36% to the index's 12%. The fund returned about 65% in 2019 against the index's 31%, and about 73% in 2023, its best year of the decade, against 26%. Last year it won again, gaining about 49% to the index's 18%. Zoom out, and the fund's total return from the end of 2015 through 2025 amounts to nearly 1,400% -- enough to turn $1,000 into almost $15,000. The same $1,000 in an S&P 500 index fund rose to about $4,000.

Put another way, even after absorbing both losing years, an investor in the fund ended the decade with nearly four times as much money as one in the index fund.

This year is on pace to be a ninth win. Even so, owning the fund in 2026 has not been comfortable. Shares trade around $573 as of this writing, about 15% below the 52-week high of $671.83 they reached in June.

Two losing years, twice as deepThe exceptions were 2018 and 2022. In 2018, the fund's total return was about negative 9%, while the index lost about 5%.

And 2022 cut far deeper. The fund lost about a third of its value that year, while the index fell about 18%.

Both times, the fund's loss ran about double the market's. Chip demand is cyclical, and when the industry turns down, as it did in 2018, or when investors sell growth stocks broadly, as they did in 2022, a fund that holds only chip companies falls with the whole group.

Notably, the fund's two best years of the decade, 2019 and 2023, came directly after its two losing years. An investor who sold at the end of 2022 locked in the decade's worst year and missed out on its best one.

The record paid in full only for investors who stayed invested through both losses.

One stock, nearly a quarter of the fundThe record comes from a small portfolio. The fund, which has about $72 billion in assets, tracks an index of about 25 of the largest semiconductor companies listed in the U.S., and it charges 0.35% a year in fees ($35 per $10,000 invested).

The fund is also concentrated at the top: Nvidia (NVDA +1.34%), whose graphics processing units (GPUs) power much of the artificial intelligence (AI) build-out, accounted for about 23% of assets as of Sept. 16 -- a position worth about $16 billion. Taiwan Semiconductor Manufacturing represented about another 10%, and the five largest holdings combined were about half the fund.

All this adds up to a concentrated bet on one industry's cycle, with nearly a quarter of the fund riding on Nvidia alone at last count. When semiconductors lead the market, as they have for most of the last decade, that structure is arguably precisely what an investor wants. Of course, when the cycle turns, it's also the reason a down year can run twice as deep.

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Sure, AI spending could keep chip demand growing for years to come. But the industry has never grown in a straight line, and another losing year may come with little warning.

Is the fund still worth buying? I think so. But I'd buy it alongside a broad S&P 500 index fund, not in place of one, and I'd size the position so a repeat of 2022, a loss of about a third, would not tempt me to sell.

The record is impressive. I just wouldn't count on the next decade of it arriving smoothly.

Nvidia CEO Jensen Huang said AI leaders are being disingenuous in their calls for more regulation. Benjamin Fanjoy/Getty Images Don't let the black leather jacket fool you, Jensen Huang isn't a doomer.

Nvidia's CEO said as much in an interview with CBS News aired on Sunday. He accused the leaders of the frontier AI labs of being disingenuous in their warnings that, without more AI oversight, the products they are building could harm humanity in myriad forms.

"Go and read between the lines," Huang said, referring to AI leaders calling for government regulation of the industry. "They're actually not asking for more laws. They're asking to be relieved of the laws we do have."

"They must be doing it for ulterior reasons," he added.

Huang said he didn't know exactly what those ulterior reasons are, but that scaring people about the tech is "irresponsible" and "unnecessary."

Huang's comments on Sunday echo those of President Donald Trump, who said on Saturday that new regulations aren't needed to ensure the tech remains safe.

"We will not in any way hinder or stifle the Growth of this incredible Industry," the president said on Truth Social, his social media platform.

Michael Kratsios, the director of the White House Office of Science and Technology Policy, has also rejected the idea that tech companies need government intervention to ensure the safety of their AI models. In a Fox News interview on Sunday, he said the AI labs could just go ahead and "just stop" if they think their products are dangerous.

Last week, a chorus of leading AI CEOs said AI development should be slowed down until adequate risk-prevention measures could be put in place.

In an essay titled "We Must Pace the Frontier," Anthropic CEO Dario Amodei proposed a three-pronged plan that would, in his view, strengthen safeguards to ensure AI remains under the control of human engineers.

One of those prongs included calls for the US government, "for antitrust reasons," to regulate frontier AI labs. Amodei's essay was signal-boosted by OpenAI CEO Sam Altman and SpaceX CEO Elon Musk.

Huang has emerged as a prominent anti-regulation voice, together with Trump and David Sacks, a presidential advisor on science and tech.

In the CBS interview, Huang reiterated previous concerns that a slowdown among US labs would cede ground to China in the global AI race, and that AI labs don't need government help to implement a slowdown.

"We don't need more regulations," Huang said. "We need to apply the current regulations we have."

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Truman Dickerson You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Truman Dickerson is the Weekend News Fellow at Business Insider, based in New York City. He covers trending tech and business news. He previously reported for The Boston Globe's Express Desk. He graduated from Boston University, where he served as editor in chief of The Daily Free Press, BU's student-run newspaper.Contact him at [email protected]

AI Anthropic OpenAI More Sam Altman

Nvidia (NVDA +1.34%) has turned its graphics processing unit (GPU) expertise into an artificial intelligence (AI) empire. These powerful chips, once mainly used in the gaming industry, became a key tool for AI in recent years. And Nvidia has built on this by expanding its offerings into a full suite of AI products and services, such as networking tools and AI platforms tailored to specific industries.

All of this has led to incredible growth for the tech giant, with earnings soaring to record levels. In the latest quarter, for example, revenue climbed more than 100% to about $96 billion. And profit also surged in the triple digits to $59 billion. Meanwhile, the stock has been a top performer over time for investors, advancing about 900% over the past five years.

But investors have worried about how far this AI boom can go. They've questioned the extraordinary levels of capital spending by tech companies to support the infrastructure build-out, with the concern being that the revenue opportunity may fall short. This worry has weighed on Nvidia stock on occasion, even pushing it to a decline in the first quarter of this year.

However, last week, a new clue about the future emerged: Nvidia chief Jensen Huang just announced fantastic news for shareholders.

Image source: Nvidia.

Nvidia's early bet on AIBefore we dive into the latest, though, let's take a quick look at Nvidia's path so far in AI, a market on track to reach into the trillions of dollars by the end of the decade. Nvidia recognized the promise of AI early and saw that the GPU could play a critical role. This was about 10 years ago, and Nvidia decided to go all in on this industry and focus the design of its GPUs on AI.

It was a successful bet, as we can see through Nvidia's earnings growth in recent years.

NVDA Revenue (Annual) data by YCharts

And the fact that Nvidia entered the market early allowed it to develop key relationships with customers and build a solid reputation. The company's pledge to update GPUs on an annual basis has been another element that's supported its leadership in this market.

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222.27

All of this has clearly been very positive, and this momentum could continue. Nvidia and AI peers have spoken of ongoing high demand for their goods and services. It's important to note that real-world use of AI is just beginning, signaling more earnings growth for these players down the road.

Still, some investors aren't convinced -- and that's weighed on AI stocks, including Nvidia, holding them back from major gains this year.

Jensen Huang speaks at a summitWith all of this in mind, let's consider Jensen Huang's fantastic news for shareholders. Huang, speaking at a summit in Scotland, told members of the press that Nvidia would double the number of chips sold next year. That's compared with this year.

"The reason for that is because AI has, has so much contribution to the benefits of different industries, different economies, and you can see that in almost every single country that we're in, people want to invest in AI," Huang said, according to CNBC.

This follows the company's first-ever forecast for the full year to come: During Nvidia's recent earnings report, citing increased visibility, the tech giant predicted a 70% year-over-year gain in revenue in the next fiscal year.

Of course, among investors and the general public, concerns about the tech build-out may persist. But Huang's comments further reinforce the case that Nvidia's AI revenue growth opportunity is far from over -- and the company may actually be entering a fresh wave of growth as AI is more actively applied by companies, individuals, and governments.

This should offer Nvidia shareholders and potential investors a certain level of comfort. Even if the stock doesn't take off immediately, future business prospects remain bright, and this should translate into further gains for the stock over time. So these latest words from Huang represent fantastic news for anyone who owns Nvidia stock or who aims to get in on this top AI player.

NVIDIA Corporation (NASDAQ:NVDA – Get Free Report) rose 1.3% on Friday . The company traded as high as $222.73 and last traded at $222.27. 186,457,542 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 156,460,734 shares. The stock had previously closed at $219.34.

NVIDIA News Roundup Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. Analyst Upgrades and Downgrades A number of brokerages have recently commented on NVDA. China Renaissance lifted their target price on shares of NVIDIA from $319.00 to $330.00 and gave the company a “buy” rating in a report on Monday, August 31st. President Capital increased their price target on shares of NVIDIA from $295.00 to $330.00 in a research note on Thursday, August 27th. Sanford C. Bernstein reissued an “outperform” rating and set a $400.00 price objective (up from $315.00) on shares of NVIDIA in a research report on Thursday, August 27th. Truist Financial lifted their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Finally, HSBC upped their target price on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $324.34.

Read Our Latest Research Report on NVDA NVIDIA Price Performance The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The company’s 50 day moving average is $214.66 and its 200 day moving average is $204.29. The stock has a market cap of $5.36 trillion, a price-to-earnings ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the prior year, the firm posted $1.05 EPS. The company’s revenue was up 105.9% compared to the same quarter last year. Research analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

Insider Buying and Selling at NVIDIA In related news, Director Mark Stevens sold 622,239 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy Teter sold 30,000 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the sale, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $585,587,360.80. This represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,735,658 shares of company stock worth $392,663,865 in the last 90 days. 3.94% of the stock is owned by company insiders.

Institutional Investors Weigh In On NVIDIA Several institutional investors have recently bought and sold shares of the business. Retirement Wealth Solutions LLC lifted its stake in shares of NVIDIA by 1.2% during the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker’s stock worth $825,000 after purchasing an additional 47 shares in the last quarter. LightSquare Wealth Management LLC lifted its position in NVIDIA by 0.3% during the 2nd quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after acquiring an additional 49 shares in the last quarter. Defender Capital LLC. lifted its position in NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock worth $1,507,000 after acquiring an additional 50 shares in the last quarter. Kooman & Associates boosted its holdings in NVIDIA by 0.6% in the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock worth $1,694,000 after acquiring an additional 50 shares during the period. Finally, Roof Eidam Maycock Peralta LLC boosted its holdings in NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock worth $3,767,000 after acquiring an additional 50 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Company Profile (Get Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Featured Stories Five stocks we like better than NVIDIA Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.

Osprey Private Wealth LLC increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 8.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,812 shares of the computer hardware maker’s stock after purchasing an additional 10,289 shares during the quarter. NVIDIA makes up about 7.0% of Osprey Private Wealth LLC’s portfolio, making the stock its 2nd largest holding. Osprey Private Wealth LLC’s holdings in NVIDIA were worth $27,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in NVDA. Massachusetts Wealth Management boosted its position in NVIDIA by 0.4% during the 2nd quarter. Massachusetts Wealth Management now owns 19,172 shares of the computer hardware maker’s stock worth $3,836,000 after buying an additional 75 shares during the period. Smith Group Asset Management LLC raised its stake in shares of NVIDIA by 14.2% during the second quarter. Smith Group Asset Management LLC now owns 72,078 shares of the computer hardware maker’s stock valued at $14,422,000 after acquiring an additional 8,954 shares during the last quarter. Essential Planning LLC. raised its stake in shares of NVIDIA by 3.8% during the second quarter. Essential Planning LLC. now owns 1,889 shares of the computer hardware maker’s stock valued at $378,000 after acquiring an additional 70 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of NVIDIA by 3.3% during the second quarter. Oppenheimer & Co. Inc. now owns 1,252,314 shares of the computer hardware maker’s stock worth $250,576,000 after purchasing an additional 40,109 shares during the period. Finally, Lummis Asset Management LP grew its stake in shares of NVIDIA by 16.1% in the second quarter. Lummis Asset Management LP now owns 497 shares of the computer hardware maker’s stock worth $99,000 after purchasing an additional 69 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Key Headlines Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. Analysts Set New Price Targets A number of research firms recently weighed in on NVDA. BMO Capital Markets set a $340.00 price objective on NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 20th. Wall Street Zen upgraded NVIDIA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 29th. Oppenheimer set a $315.00 price objective on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Benchmark reiterated a “buy” rating and issued a $335.00 target price on shares of NVIDIA in a report on Thursday, August 27th. Finally, Rothschild & Co Redburn increased their target price on shares of NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $324.34. View Our Latest Stock Analysis on NVIDIA

NVIDIA Trading Up 1.3% Shares of NVDA stock opened at $222.27 on Friday. The company has a market cap of $5.36 trillion, a P/E ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22. The stock has a 50 day simple moving average of $214.66 and a two-hundred day simple moving average of $204.29. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.05 EPS. Research analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio is currently 12.64%.

Insider Buying and Selling In other news, EVP Timothy S. Teter sold 30,000 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,735,658 shares of company stock valued at $392,663,865 over the last ninety days. 3.94% of the stock is owned by corporate insiders.

NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Featured Articles Five stocks we like better than NVIDIA Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.

Massachusetts Financial Services Co. MA lowered its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,506,436 shares of the computer hardware maker’s stock after selling 2,769,122 shares during the period. NVIDIA makes up about 4.4% of Massachusetts Financial Services Co. MA’s portfolio, making the stock its largest position. Massachusetts Financial Services Co. MA owned approximately 0.26% of NVIDIA worth $13,660,451,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock worth $33,345,453,000 after purchasing an additional 4,019,505 shares in the last quarter. Invesco Ltd. raised its stake in NVIDIA by 0.3% in the fourth quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker’s stock valued at $26,714,167,000 after buying an additional 446,178 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after acquiring an additional 124,849,603 shares in the last quarter. Amundi grew its stake in shares of NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after acquiring an additional 12,575,177 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of NVIDIA by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock worth $16,479,126,000 after acquiring an additional 555,221 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes A number of analysts recently commented on the stock. Rothschild & Co Redburn lifted their target price on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Wells Fargo & Company restated an “overweight” rating and set a $315.00 price target on shares of NVIDIA in a research note on Tuesday, August 11th. Truist Financial raised their price target on shares of NVIDIA from $307.00 to $346.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. TD Cowen reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 18th. Finally, Wedbush boosted their price objective on shares of NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $324.34.

Get Our Latest Stock Report on NVDA NVIDIA Trading Up 1.3% Shares of NVIDIA stock opened at $222.27 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The firm has a fifty day moving average price of $214.66 and a 200 day moving average price of $204.29. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54. The stock has a market cap of $5.36 trillion, a PE ratio of 28.10, a price-to-earnings-growth ratio of 1.72 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s revenue was up 105.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.05 earnings per share. Equities research analysts predict that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

Key Headlines Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. Insider Buying and Selling In other NVIDIA news, EVP Timothy S. Teter sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,735,658 shares of company stock valued at $392,663,865 over the last ninety days. Company insiders own 3.94% of the company’s stock.

NVIDIA Company Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Further Reading Five stocks we like better than NVIDIA Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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Oppenheimer & Co. Inc. raised its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 3.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,252,314 shares of the computer hardware maker’s stock after acquiring an additional 40,109 shares during the period. NVIDIA accounts for approximately 2.7% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 4th largest position. Oppenheimer & Co. Inc.’s holdings in NVIDIA were worth $250,576,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in NVDA. J. Stern & Co. LLP grew its stake in NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after buying an additional 124,849,603 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of NVIDIA in the fourth quarter valued at approximately $2,635,969,000. Amundi boosted its holdings in shares of NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock valued at $23,329,141,000 after acquiring an additional 12,575,177 shares during the period. SEB Asset Management AB purchased a new position in shares of NVIDIA during the first quarter worth approximately $1,692,807,000. Finally, Employees Provident Fund Board purchased a new position in shares of NVIDIA during the fourth quarter worth approximately $1,243,336,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA News Roundup Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. Insiders Place Their Bets In other NVIDIA news, EVP Timothy Teter sold 30,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the business’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,735,658 shares of company stock worth $392,663,865. 3.94% of the stock is owned by corporate insiders. NVIDIA Trading Up 1.3% NASDAQ NVDA opened at $222.27 on Friday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.36 trillion, a P/E ratio of 28.10, a P/E/G ratio of 1.72 and a beta of 2.22. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The firm has a 50-day moving average price of $214.66 and a 200 day moving average price of $204.29.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the company earned $1.05 EPS. The firm’s revenue for the quarter was up 105.9% compared to the same quarter last year. Equities research analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio is presently 12.64%.

Analyst Ratings Changes Several analysts recently commented on NVDA shares. Rosenblatt Securities reiterated a “buy” rating and issued a $390.00 price target on shares of NVIDIA in a research report on Friday, September 4th. Wedbush lifted their price objective on shares of NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of NVIDIA in a report on Friday, September 4th. Piper Sandler began coverage on shares of NVIDIA in a research note on Wednesday, September 9th. They set an “overweight” rating and a $300.00 target price for the company. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $315.00 price target on shares of NVIDIA in a report on Tuesday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $324.34.

Get Our Latest Analysis on NVIDIA

About NVIDIA (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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Some corporate ambitions are so audacious they sound like science fiction, and Elon Musk's latest may be one of them. It was reported earlier this week that he's “highly confident” his rocket company, SpaceX NASDAQ: SPCX, will begin launching NVIDIA Corporation's NASDAQ: NVDA most advanced AI computers into orbit as early as next year. If it happens, this will be the first step toward a future where artificial intelligence is powered not by data centers on Earth, but by satellites circling above it.

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The plan itself is not new, but Musk's confidence in a 2027 start is, and that near-term timing is what makes it worth a fresh look. It sounds outlandish, and in many ways it is. Yet it ties two of the market's most closely watched companies to a wholly new frontier for computing, and for two stocks that could each use a fresh catalyst, this is one to watch.

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Both have had a decent run of late, with SpaceX shares up around 45% since the start of August and NVIDIA climbing roughly 10% over the same stretch, though both are roughly flat over the past month.

A bold new growth story could give each of them a reason to break out, which is precisely why this orbital plan, however far-fetched, deserves a closer look.

What Musk Is Actually ProposingStrip away the theatrics, and Musk’s idea has a certain logic. AI data centers are voracious consumers of electricity, water, and land, and they're starting to hit real constraints on Earth, from strained national power grids to local planning battles. Space, his argument goes, offers a way around all of it: limitless room and solar power, and no neighbors to object.

The plan is for SpaceX to adapt the satellites it already builds for its Starlink network, swapping their communications gear for NVIDIA's computing hardware and adding solar panels to power it. Musk has spoken of an initial launch late next year, with larger deployments following in 2028. He has also floated the staggering ambition of a constellation of up to a million compute-carrying satellites.

Crucially, this is much more than just a SpaceX story. NVIDIA has been named the exclusive supplier of the chips that would think in orbit, so any buildout, however far off, would flow straight into fresh demand for its hardware. And with NVIDIA already holding a sizable stake in SpaceX, its interest runs deeper than a typical supplier's, giving its own shareholders a real reason to follow where this plan goes next.

The Case for Getting ExcitedFor the bulls, much of the appeal comes from what SpaceX already owns. It builds the rockets, makes the satellites, and runs the Starlink network, and all of that expensive infrastructure is already up and running. That means it could add a whole new business, orbital computing, on top of assets it has already paid for, at a marginal cost no rival starting from scratch could hope to match.

The upside for NVIDIA is simpler, and arguably even bigger. Any large-scale orbital buildout would mean a vast new source of demand for its chips, on top of the already insatiable appetite from earthbound data centers. That's what makes Musk’s idea so tantalizing for investors: two companies at the cutting edge of their fields, potentially joining forces to open a market that doesn't yet exist.

Why the Skeptics Are Right to Be WaryBefore getting carried away, however, a heavy dose of realism is in order, because the obstacles are formidable. Chief among them is the simple question of heat. In the vacuum of space, there is no air to carry warmth away, so cooling powerful computers would be seriously difficult, with one estimate suggesting a single orbital data center might need radiators covering millions of square feet.

Then there's everything else: shielding delicate hardware from radiation, moving huge volumes of data between orbit and the ground, the near-impossibility of sending a human engineer up to fix a broken machine, and the thorny questions of regulation and insurance for a business with no track record. None of these is trivial, and together they are daunting.

Most important of all is timing. Even the more bullish analysts don't expect this to generate meaningful revenue for years, with some penciling in the first serious orbital capacity no earlier than around 2029. The 2027 and 2028 milestones are best seen as feasibility tests, not the moment the tills start ringing.

A Catalyst to Watch, Not to Bank OnFor now, the near-term upside for both companies remains firmly earth-bound, with NVIDIA's fortunes tied to the ongoing boom in old-fashioned data centers and SpaceX's to its launch and satellite businesses.

Still, that doesn't make the idea worthless. As a long-term catalyst, it's one of the more imaginative stories that’s hit the headlines this year, and if the early launches succeed, it could quickly shift from novelty to real opportunity. In other words, it's a moonshot worth tracking, but one that has to clear the launchpad before it can move either stock for real.

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Nvidia (NVDA +1.34%) hasn't closed at a record high since May 14, when the stock finished at $235.74. That was 87 trading days ago, about four months. Shares now sit near $215 as of this writing, about 9% below that mark.

Droughts like this aren't new for the artificial intelligence (AI) chip giant, though. Since reclaiming its 2007 peak in 2016, Nvidia's stock has gone 60 or more trading days without a record close seven times.

Five of those stretches ended at new highs within about six months. The other two turned into bear markets that cut the stock by more than half.

Image source: Nvidia.

Seven droughts, two endingsFour of the seven droughts lasted at least as long as the current one has. Two of them ended with the stock at fresh records: a 115-day stretch that ended in June 2025 and a 120-day stretch that ended this past April.

The other two kept going -- and the stock took a beating both times. After peaking in October 2018, Nvidia went 344 trading days without another record close, falling 56% along the way before finally recovering in February 2020. The stretch that began in November 2021 ran 373 trading days, with the stock down 66% at the low, before a new record arrived in May 2023.

In other words, the record has no middle ground. Every drought that resolved quickly was over within about 120 trading days, and the only two that ran longer became bear markets. Today's stall would pass the 120-day mark in early November.

What separated them?The difference, I'd argue, showed up in Nvidia's revenue, not on its price chart.

The 2018 drought began as the fallout from a cryptocurrency bust reached Nvidia's results. Demand from miners had collapsed, and unsold inventory piled up at the distributors and card makers that sell its products.

"Our near-term results reflect excess channel inventory post the crypto-currency boom, which will be corrected," CEO Jensen Huang said in Nvidia's November 2018 earnings release.

But the slump didn't stop at the channel. In late January 2019, Nvidia cut its quarterly revenue guidance to $2.20 billion from $2.70 billion, blaming weak demand for gaming chips in China, among other problems. And sales for the full fiscal year that followed fell 7% to $10.92 billion.

The 2021 drought had the same shape. Gaming revenue fell 27% in fiscal 2023 (a year that ended in late January 2023), and Nvidia's total revenue came in flat at $27.0 billion, with sales in the fiscal fourth quarter down 21% from a year earlier.

Sales kept climbing straight through the quick droughts. The most recent stall, which started in late October 2025, was more than halfway done when Nvidia reported quarterly revenue up 73% year over year in late February. Two months later, the stock was back at a record.

Sales are still acceleratingCapturing how different today's backdrop is, Nvidia grew revenue 106% year over year in the second quarter of fiscal 2027 (a period that ended July 26), reaching $96.2 billion. Data center revenue climbed 117% to $89.0 billion. And net income more than doubled, rising 126% year over year to $59.7 billion. Growth is speeding up, too. The company's year-over-year revenue growth rate has now accelerated for four straight quarters, moving from 62% last fall to 73%, then 85%, and now 106%.

And management expects the growth to continue. On Nvidia's late-August earnings call, chief financial officer Colette Kress told analysts the company expects revenue to grow about 70% in fiscal 2028. She called that a supply constrained outlook, meaning the ceiling is how many chips the company can produce.

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The price, against numbers like those, doesn't look demanding. Shares cost about 27 times earnings -- and about 14 times expected fiscal 2028 earnings, a price that seems to assume the big growth mostly ends after next year.

Which ending should investors expect this time? Both of Nvidia's long, painful droughts overlapped falling sales.

With revenue accelerating and next fiscal year's ceiling set by supply, today, I think, looks a lot more like the stalls the stock grew its way out of. The stock, in my opinion, remains a buy at this level.

Of course, neither bust was forecast ahead of time. Nvidia set its October 2018 record just weeks before the crypto warning, and the gaming slump followed within months of the November 2021 peak. Demand for AI computing could turn just as fast. But that turn would show up where the last two did -- in the company's reported sales. And a four-month wait for a record isn't evidence of it.

With the debate about regulating artificial intelligence raging in Washington this week, President Donald Trump picked up the phone to call his top ally on the subject: Nvidia CEO Jensen Huang.

"The robots are not going to be taking over the world," Trump told Huang, who'd put the president on speaker while on stage at the All-In Summit in Los Angeles on Monday. Trump repeated a point he'd made on social media: that mounting AI and data center concerns are a "hoax."

While other tech leaders like Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos have cozied up to Trump during his second term, experts told CNBC that Huang is exercising outsized influence in the White House. He's slated to attend Trump's high-profile state dinner for Chinese President Xi Jinping next week, according to a person familiar with the matter who asked not to be named due to confidentiality.

Nvidia has been powering the AI boom since before the launch of ChatGPT in late 2022, supplying the graphics processing units used by OpenAI, Anthropic and others to train their models and run large workloads. Revenue surged to $215 billion in the latest fiscal year, up from $17 billion in 2021.

Huang's position as the leader of the world's most valuable company and the chipmaker at the heart of the AI boom has earned him the president's ear on the most important AI topics.

"Trump just likes winners, and Jensen's very good at speaking his language," Samuel Hammond, director of AI policy at the think tank Foundation for American Innovation, said in an interview.

An Nvidia spokesperson declined to comment, and White House representatives didn't respond to a request for comment.

Whether joining Trump for a candlelit dinner at his Mar-a-Lago club in Florida, or closing a keynote by thanking guests for "making America great again," Huang has learned how to appeal to the president. Trump and Huang have appeared together at least six times in public since the start of the second term, including trips to Saudi Arabia and the U.K., and a recent trip to China via Air Force One.

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Huang is pushing for U.S. AI to move faster while some of Nvidia's most important customers — namely OpenAI and Anthropic — are ramping up pressure on governments to regulate the technology as fears spread about its potential dangers.

An Anthropic researcher, Jacob Coxon, who previously worked at OpenAI, said he quit his job earlier this month because he feared top AI labs are "gambling with our lives." Coxon's resignation set off a firestorm on social media, prompting calls for increased oversight from more than 20 members of Congress.  

Concerns were already swirling after OpenAI disclosed a significant security incident in July, when two of its models escaped containment, accessed the open internet, and breached the online AI repository Hugging Face to get a better score on a benchmark test.

Anthropic CEO Dario Amodei cited that episode in a bombshell essay a week ago, urging AI developers to slow how quickly they improve their most advanced AI models. Amodei encouraged companies to cooperate directly with the U.S. government, and reiterated his desire for "well-considered regulation of AI."

Amodei's "pacing" proposal was endorsed by other industry leaders, including OpenAI CEO Sam Altman, SpaceX CEO Elon Musk and Google DeepMind Chair Demis Hassabis, who agreed on the need for a slowdown and additional oversight.

'Did no harm'Huang took a different position.

In public appearances over the past week, the Nvidia CEO brushed off concerns about AI's risks. He said that predictions of doom aren't grounded in science, and that model developers are responsible for securing their products before releasing them.

The solution to safety concerns, Huang said in Scotland on Thursday, is "good old-fashioned engineering."

"There were incidents, and those incidents, thankfully, did no harm," Huang said. 

Huang's position is largely shared publicly by David Sacks, a venture capitalist who previously served as Trump's AI and crypto czar. Sacks co-hosts the "All-In" Podcast, which produced Monday's event that featured the Trump-Huang call.

"The only control or 'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!," Trump wrote in a post on Truth Social on the same day as the summit.

Before the recent uproar over safety, Nvidia focused its Washington outreach on export controls.

Last year, Nvidia was pushing to sell its AI chips to restricted countries, including China, drawing sharp criticism from U.S. lawmakers.

Some members of Congress, including Sens. Elizabeth Warren,  D-Mass., and Josh Hawley, R-Mo., have cautioned that selling Nvidia hardware to China could threaten U.S. national security and narrow America's lead in AI.

In December, Huang's strategy paid off. Trump announced that Nvidia was granted permission to ship its H200 chip to Chinese customers, and that the U.S. would collect a 25% fee in exchange. 

The H200 announcement drew intense pushback from both sides of the aisle. Huang declined an invitation from Warren to testify before the Senate Banking Committee in June. The following month, a top U.S. trade official confirmed that H200 sales to China were underway. 

Profit motiveNvidia and Huang argued that banning Nvidia exports to China would be against American interests, in part because such a move would spur the world's second-largest economy and computing market to develop its own cutting-edge AI chips. The H200 is no longer Nvidia's most powerful chip, as it has shipped two generations of its newer Blackwell processors in the U.S.

But Nvidia's fate wasn't entirely up to U.S. lawmakers, as China's regulators mostly blocked imports of the H200 chips.

Nvidia's clear profit motive leads some experts to say it takes the concerns expressed by model developers more seriously than those of the chipmaker, because the labs are the ones responsible for the actual AI technology.

"Nvidia is the most aggressive in terms of, let's just make money," said Andrew Yoon, a researcher at CivAI, a nonprofit warning about the dangers of AI. "At every turn, they are really trying to just make sure whatever happens is good for Nvidia's bottom line."

Nvidia's ambitions in China will loom large during the state dinner on Thursday, when Trump, Huang and Xi will all be in the same room. The White House is also planning a meeting with major AI executives to coincide with the event, according to CNN. Other industry executives, including Altman, are expected to attend.

But Huang's presence carries extra weight. During a House hearing on Monday, Treasury Secretary Scott Bessent was asked if Trump understands the threat AI presents. 

"I would just say the president is completely aligned with Jensen Huang, the CEO of Nvidia," Bessent said. 

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Fortis Group Advisors LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 12.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,503 shares of the computer hardware maker’s stock after selling 3,536 shares during the quarter. NVIDIA accounts for about 0.8% of Fortis Group Advisors LLC’s holdings, making the stock its 28th largest holding. Fortis Group Advisors LLC’s holdings in NVIDIA were worth $5,103,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NVDA. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of NVIDIA by 0.6% in the second quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 43,659 shares of the computer hardware maker’s stock worth $8,736,000 after buying an additional 253 shares in the last quarter. Wealth Advisory Solutions LLC lifted its stake in NVIDIA by 1.3% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 7,934 shares of the computer hardware maker’s stock worth $1,588,000 after purchasing an additional 100 shares in the last quarter. DHJJ Financial Advisors Ltd. boosted its holdings in shares of NVIDIA by 1.0% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 9,160 shares of the computer hardware maker’s stock worth $1,833,000 after purchasing an additional 87 shares during the last quarter. BridgePort Financial Solutions LLC grew its position in shares of NVIDIA by 6.5% in the second quarter. BridgePort Financial Solutions LLC now owns 35,782 shares of the computer hardware maker’s stock valued at $7,160,000 after purchasing an additional 2,172 shares in the last quarter. Finally, Quaker Wealth Management LLC grew its position in shares of NVIDIA by 2.8% in the second quarter. Quaker Wealth Management LLC now owns 3,016 shares of the computer hardware maker’s stock valued at $603,000 after purchasing an additional 81 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance Shares of NVDA stock opened at $222.27 on Friday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The stock has a market capitalization of $5.36 trillion, a PE ratio of 28.10, a P/E/G ratio of 1.69 and a beta of 2.22. The firm has a 50 day moving average of $214.66 and a two-hundred day moving average of $204.29.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the company posted $1.05 earnings per share. The business’s revenue for the quarter was up 105.9% on a year-over-year basis. On average, research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current fiscal year. NVIDIA Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio is 12.64%.

Key Headlines Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. Wall Street Analyst Weigh In NVDA has been the subject of a number of recent research reports. Benchmark reaffirmed a “buy” rating and issued a $335.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. Citigroup reissued a “buy” rating and issued a $315.00 price objective (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Zacks Research downgraded shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Finally, KeyCorp restated an “overweight” rating and set a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. Three analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $324.34.

Check Out Our Latest Research Report on NVIDIA

Insider Activity at NVIDIA In related news, CFO Colette Kress sold 34,918 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $585,587,360.80. This trade represents a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,735,658 shares of company stock valued at $392,663,865 over the last quarter. 3.94% of the stock is owned by insiders.

NVIDIA Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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Platt Wealth Management LLC lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 28.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,426 shares of the computer hardware maker’s stock after acquiring an additional 4,924 shares during the period. NVIDIA makes up 3.6% of Platt Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Platt Wealth Management LLC’s holdings in NVIDIA were worth $4,487,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the first quarter valued at about $27,000. Phillip James Consulting Co. purchased a new stake in shares of NVIDIA during the 1st quarter valued at about $40,000. Syntax Research Inc. lifted its position in NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock worth $49,000 after acquiring an additional 100 shares in the last quarter. Finally, Frankly Finances LLC purchased a new position in NVIDIA in the 2nd quarter worth approximately $60,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA News Summary Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. NVIDIA Stock Performance Shares of NVDA stock opened at $222.27 on Friday. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The firm has a market capitalization of $5.36 trillion, a price-to-earnings ratio of 28.10, a price-to-earnings-growth ratio of 1.69 and a beta of 2.22. The business has a 50 day simple moving average of $214.66 and a 200 day simple moving average of $204.29. NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the firm posted $1.05 EPS. The firm’s quarterly revenue was up 105.9% on a year-over-year basis. On average, equities research analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio is presently 12.64%.

Analyst Upgrades and Downgrades Several analysts have issued reports on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $390.00 price objective on shares of NVIDIA in a research report on Friday, September 4th. KeyCorp reissued an “overweight” rating and set a $330.00 target price on shares of NVIDIA in a research report on Monday, August 24th. KGI Securities upped their target price on shares of NVIDIA from $335.00 to $345.00 in a research note on Thursday, August 27th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Thursday, September 10th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, NVIDIA currently has an average rating of “Buy” and a consensus target price of $324.34.

Check Out Our Latest Report on NVIDIA

Insider Buying and Selling In related news, EVP Timothy Teter sold 30,000 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares in the company, valued at $585,587,360.80. This represents a 1.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the business’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,735,658 shares of company stock valued at $392,663,865 over the last 90 days. 3.94% of the stock is currently owned by company insiders.

NVIDIA Profile (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

See Also Five stocks we like better than NVIDIA J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning 2 Stocks Breaking Out Post-FOMC With One Thing in Common Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons

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Petra Financial Advisors Inc. increased its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 36.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,809 shares of the computer hardware maker’s stock after acquiring an additional 5,534 shares during the quarter. NVIDIA comprises about 1.9% of Petra Financial Advisors Inc.’s investment portfolio, making the stock its 13th biggest holding. Petra Financial Advisors Inc.’s holdings in NVIDIA were worth $4,164,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the fourth quarter valued at $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA in the 1st quarter worth about $27,000. Phillip James Consulting Co. purchased a new position in NVIDIA in the 1st quarter worth about $40,000. Syntax Research Inc. raised its position in NVIDIA by 62.5% in the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock worth $49,000 after buying an additional 100 shares during the last quarter. Finally, Frankly Finances LLC bought a new position in NVIDIA during the 2nd quarter valued at about $60,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth Several research analysts have recently weighed in on NVDA shares. Cantor Fitzgerald reissued an “overweight” rating and set a $350.00 price objective on shares of NVIDIA in a report on Monday, August 24th. Evercore set a $465.00 price target on NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Rosenblatt Securities restated a “buy” rating and issued a $390.00 price target on shares of NVIDIA in a research note on Friday, September 4th. Citic Securities boosted their price target on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, NVIDIA currently has an average rating of “Buy” and a consensus target price of $324.34.

Read Our Latest Stock Report on NVDA Insider Transactions at NVIDIA In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,735,658 shares of company stock valued at $392,663,865. 3.94% of the stock is currently owned by insiders.

NVIDIA News Summary Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain. Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products. Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue. Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance. NVIDIA Stock Performance NASDAQ:NVDA opened at $222.27 on Friday. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.36 trillion, a P/E ratio of 28.10, a P/E/G ratio of 1.69 and a beta of 2.22. The stock has a 50-day moving average price of $214.66 and a 200 day moving average price of $204.29.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter last year, the business posted $1.05 earnings per share. The company’s revenue for the quarter was up 105.9% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. NVIDIA’s dividend payout ratio (DPR) is presently 12.64%.

About NVIDIA (Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

Read More Five stocks we like better than NVIDIA J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning 2 Stocks Breaking Out Post-FOMC With One Thing in Common Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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Nvidia (NASDAQ: NVDA) could trade near $240 on October 1, 2026, according to an outlook generated by OpenAI’s ChatGPT.

The estimate represents the midpoint of a projected range between $225 and $245 and reflects continued strength in artificial intelligence infrastructure demand. 

The ChatGPT NVDA share price forecast is based on Nvidia’s expectations for continued AI computing growth, rising analyst price targets, elevated GPU utilization rates, and ongoing spending from major technology companies.

Under a bullish scenario, Nvidia could climb as high as $270 by October 1, while a bearish outcome driven by weaker market sentiment or higher Treasury yields could pull the stock toward the $200 to $215 range. As of press time, Nvidia stock was trading at $222.

NVDA stock price prediction. Source: ChatGPT Nvidia bullish case According to ChatGPT, one of the strongest factors supporting Nvidia’s outlook is continued AI infrastructure spending. Despite concerns that AI investment could slow, recent industry data suggests demand remains strong across cloud providers, enterprises, and data centers.

The market is already looking beyond Nvidia’s Blackwell architecture toward its next-generation Rubin platform. Analysts increasingly view Rubin as the company’s next major growth driver, with several brokerages recently raising price targets as confidence in future demand strengthens.

Demand indicators also remain favorable. GPU rental prices across AI cloud providers remain elevated while utilization rates are near capacity, suggesting demand continues to outpace supply.

At the same time, Amazon (NASDAQ: AMZN) has emerged as another major source of demand. To this end, ChatGPT highlighted reports that the technology company has ordered roughly 2 million Nvidia processors as it expands AI capabilities across Amazon Web Services and robotics operations. 

The development suggests major technology firms continue investing heavily in Nvidia hardware even while developing their own AI chips.

Nvidia valuations concerns  At the same time, the AI model noted that the debate around Nvidia’s valuation has also shifted. Instead of questioning whether the stock is overvalued, investors are increasingly focused on whether the company can maintain its position among the world’s most valuable firms. 

Some analysts believe the market still underestimates the scale and duration of future AI spending.

Unlike earlier stages of the rally, Nvidia’s recent gains have been supported more by rising revenue and earnings expectations than by valuation expansion alone.

The company has also built a sizeable investment portfolio across AI infrastructure and technology firms, providing additional exposure to the broader AI ecosystem.

Despite the bullish outlook, Nvidia remains sensitive to broader market forces. Federal Reserve policy, Treasury yields, AI regulation, and spending plans from major technology companies could all influence sentiment. 

As the market’s primary AI proxy stock, ChatGPT noted that Nvidia can still experience significant price swings even when its underlying fundamentals remain strong.

Featured image via Shutterstock

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