Track market-moving stories before they get noisy

Nvidia (NVDA +1.34%) has constructed an artificial intelligence (AI) empire over the past few years. The company sells the world's most powerful AI chips, known as graphics processing units (GPUs), and an entire portfolio of related tools that are generating triple-digit growth and record levels of revenue.

Investors have piled into Nvidia stock to gain access to this incredible growth story, and so far, they've scored a major win. The stock has soared about 800% over the past five years. But, in recent times, investors have worried about one particular challenge: competition. Though Nvidia remains in the lead, a number of companies also sell AI chips -- and these products are becoming more powerful with each update.

These players include chip companies like Advanced Micro Devices as well as broader tech giants like Amazon (AMZN +1.00%). All of this has prompted some investors to pause before getting in on Nvidia stock at this stage of the AI story. Nvidia stock has climbed about 14% this year, which isn't a big leap for this stock.

Just recently, however, some bright news emerged during Amazon's earning call. In fact, these 15 words from Amazon chief Andy Jassy may eliminate Nvidia's biggest risk.

Image source: Getty Images.

Nvidia's chip businessBefore we consider Jassy's comments, though, let's take a closer look at Nvidia's chip business and the competitive landscape. As mentioned, Nvidia is the AI chip leader, and this is thanks to the company's early arrival in this market and its commitment to updating its chips on an annual basis. This consistent innovation makes it very difficult for others to jump ahead. And it's helped Nvidia's revenue explode higher; in the recent quarter, revenue surged 100% to more than $96 billion. And this is at a high level of profitability on sales, with gross margin topping 70% quarter after quarter.

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When it comes to competition, Nvidia faces it from fellow chip designers such as AMD and Intel, as well as certain tech companies that have designed their own chips. Amazon is particularly notable since its Amazon Web Services (AWS) unit is the world's biggest cloud service provider. This suggests that an enormous number of companies likely turn to AWS for their AI needs -- and here, they find Nvidia's top chips, but they are also offered access to Amazon's own in-house-developed chips. Amazon's chips span the areas of central processing units -- these are the main chips in computers -- to the chips that power AI tasks.

Amazon has put the focus on performance, but at a price that appeals to cost-conscious customers, and demand has soared. In fact, the company's custom chips annual revenue run rate has reached more than $25 billion.

All of this may sound like bad news for Nvidia, but Jassy pronounced 15 words during the recent earnings call that actually represent just the opposite.

"We have customers who will run on Nvidia for as long as we can foresee," Jassy said.

This means that Amazon isn't in the chip business to replace Nvidia but simply to offer customers a wide range of options and different price points. Jassy also said Amazon would continue to make AWS "the best place to run Nvidia chips." So investors probably shouldn't worry about Amazon or even other chip players taking major market share from Nvidia in the years to come.

In fact, demand for compute is so high that, for AI to advance, it's important to have a number of companies providing it. Nvidia, alone, probably couldn't serve the entire market worldwide. This is positive for chip designers in general because it suggests that many of them may score a win, and they can do so without dethroning Nvidia. So it's a win-win situation for those in the chip space, including market behemoth Nvidia. 

John Freeman and Melissa Armo dissect the volatile AI trade, with Freeman championing semi-cap equipment names like ASML Holding (ASML) and Lam Research (LRCX) for advancing Moore's Law. Armo fears a market crash if the chip sector falters and points to potential regulatory intervention over liability concerns.

Key Takeaways Credo's Q1 revenues surged 114.7%, while fiscal Q2 revenues are projected at $525-$535 million. NVIDIA's Data Center revenues rose 117% to $89 billion, driving 106% growth in total revenues.NVIDIA's 63.7% net margin and 24.05 forward P/E compare with Credo's 33.8% and 27.03. Both Credo Technology Group Holding Ltd (CRDO - Free Report) and NVIDIA Corporation (NVDA - Free Report) have benefited from growth across different layers of the artificial intelligence (AI) ecosystem and recently delivered impressive results. Let’s thus compare their growth prospects and fundamentals to determine which stock offers a more compelling buying opportunity right now. 

Credo’s Growth Accelerates on Solid AI Infrastructure Demand  Credo’s revenue growth has been exceptional of late, with revenues reaching $479 million in the fiscal first quarter of 2027, up 114.7% year over year and 9.6% sequentially, according to the company’s Sept. 1 press release. 

Management further expects revenues to come in at $525-$535 million in the fiscal second quarter of 2027, which, from the midpoint, implies roughly 10.6% sequential growth from the fiscal first quarter. This solid sequential revenue growth indicates that demand for Credo’s connectivity solutions remains strong amid a rapid increase in AI infrastructure investment. 

Credo’s non-GAAP net income jumped 140% year over year to $236.3 million in the fiscal first quarter. Credo’s profitability strengthened as the company expanded its product portfolio to meet growing demand for AI infrastructure. With earnings growing faster than revenues, Credo is becoming more profitable as sales increase. 

NVIDIA’s Strong Growth and AI Leadership Continue According to NVIDIA’s Aug. 26 press release, the company’s total revenues reached $96.2 billion in the fiscal second quarter of 2027, up 106% year over year and 18% sequentially. The Data Center business remained the key growth driver, with revenues rising 117% year over year and 18% sequentially to $89 billion. 

Operating income remains strong, allowing NVIDIA to translate strong revenue growth into even stronger earnings growth. The company’s non-GAAP gross margin rose to 75% in the fiscal second quarter from 72.5% a year earlier.  

Looking ahead, NVIDIA expects profitability to remain strong and projects revenues to reach $108 billion, plus or minus 2%, in the fiscal third quarter of 2027, up 12% sequentially from the midpoint. Meanwhile, the cutting-edge Vera Rubin platform is already in full production, positioning NVIDIA to capitalize on the next wave of AI infrastructure spending. 

Credo or NVIDIA: Which AI Stock Is a Better Buy After Earnings? As reflected in their latest quarterly results, both Credo and NVIDIA delivered strong revenue growth and solid earnings, driven by robust demand for AI infrastructure. But even though Credo’s growth rate is impressive, in comparison to NVIDIA’s growth, scale, and profitability, Credo certainly falls short. 

Credo is currently capitalizing on the AI infrastructure growth primarily through connectivity solutions. In contrast, NVIDIA has exposure to compute, networking and software as part of the broader AI infrastructure buildout, thereby lowering its concentration risk. 

Moreover, NVIDIA’s 63.7% net profit margin, compared with Credo’s 33.8%, highlights its greater efficiency in converting revenues into bottom-line profits.

 

Image Source: Zacks Investment Research

Therefore, NVIDIA remains a stronger investment option over Credo, banking on superior scale, profitability, and diversified AI exposure. Additionally, NVIDIA appears more attractively valued than Credo. Per the price-to-earnings ratio, NVDA trades at a 24.05 forward earnings multiple compared with CRDO’s 27.03 forward earnings multiple.

 

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NVIDIA presently has a Zacks Rank #1 (Strong Buy), while Credo has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks Rank #1 stocks here.

Key Takeaways Nvidia committed at least $6.5 billion to photonics companies over the prior three months.Optical networking's market is projected to grow from $15 billion in 2026 to $154 billion by 2028.ETFs like LYTE offer diversified exposure to companies driving photonics and optical AI infrastructure. Photonics is rapidly gaining traction in AI infrastructure. As of May 2026, Nvidia (NVDA - Free Report) had committed at least $6.5 billion to photonics companies over the prior three months, including $500 million to Corning (GLW - Free Report) for advanced optical connectivity solutions and $2 billion each to Lumentum (LITE - Free Report) , Coherent (COHR - Free Report) and Marvell (MRVL - Free Report) (as cited in CNBC). 

The impact has been significant, with Marvell shares gaining 183.4% year to date, while Lumentum, Corning and Coherent have advanced 142.5%, 68.8% and 60.3%, respectively.

Looking ahead, Goldman Sachs projects the total addressable market for optical networking to grow from roughly $15 billion in 2026 to about $154 billion by 2028 — reflecting a more than ninefold increase. 

This explosive growth projection puts a bright spotlight on photonics stocks, and the exchange-traded funds (ETFs) that hold them, for investors eager to gain exposure to AI's next wave of revolution.

Before identifying these ETFs, however, it is crucial to understand the connection between photonics and the AI boom — and why this may be an opportune time for investors to enter this industry.

The Connection Between Photonics and AI: Why "Light" Is Replacing "Copper"AI training clusters have expanded from hundreds of GPUs to tens of thousands. Copper interconnects are hitting physical limits on three fronts simultaneously — bandwidth, distance and power. The higher the data rate, the worse copper's signal integrity and the greater its power consumption. When AI clusters span multiple racks, the distance between chips exceeds what copper can efficiently serve.

On the contrary, since photonics uses light instead of electrical signals to transmit data, it offers significantly higher bandwidth and lower power consumption. 

Recognizing the advantages of photonics over copper, other hyperscalers, apart from Nvidia, are also investing in this transition.

Microsoft’s Azure became the first major cloud provider to deploy 3M expanded-beam optical technology, which makes connections more tolerant of dust and wear, faster to install, and less maintenance-intensive. 

Amazon has signed a multi-year multi-billion-dollar fiber-optic supply agreement with Corning to support its expanding U.S. data center infrastructure.

Further, Nvidia has joined AMD, Broadcom, Meta, and OpenAI to establish the OCI (Optical Compute Interconnect) multi-source agreement standard, standardizing the optical physical layer so chips from different vendors can communicate over the same optical layer.

Will AI Boom Fuel the Next Leg of Photonics’ RallyPhotonics’ growth opportunities remain substantial.

In particular, co-packaged optics (CPO) adoption is expected to accelerate starting in 2027, reaching roughly 20% to 30% penetration by 2028.

As large-scale adoption of photonics is anticipated to unfold from 2028 onward, driven by the production ramp-up of Nvidia’s Rubin platform and the maturation of the CPO ecosystem, photonics companies could see orders and revenues enter a period of accelerated growth.

Looking at broader industry data, Mordor Intelligence estimates that the global photonics market will reach $1.46 trillion by the end of 2026, supported by steady demand as AI, cloud computing and high-speed networking require faster and more efficient data transmission.

Photonics ETFs Worth Considering NowConsidering the aforementioned discussion, investors interested in gaining exposure to the photonics market’s boom via diversification can consider adding the following ETFs to their portfolio:

Roundhill Photonics & Optics ETF (LYTE - Free Report)  

This fund, with assets under management (AUM) worth $254.2 million, offers exposure to a concentrated basket of 19 global photonics and optics companies. Its top holding is Lumentum (with a 15.34% weightage), while Coherent (12.95%) holds the fourth spot in this fund. 

LYTE charges 65 basis points (bps) in fees. It traded at a good volume of 2.13 million shares in the last trading session. 

KraneShares Photonic and Optical ETF (LUMA - Free Report)  

This fund, with net assets worth $9.76 million, offers exposure to companies shaping the future of photonics and optical AI infrastructure. LITE holds the third spot in this fund, with a 6.52% weightage, while COHR holds the fourth spot with 5.93% weightage. MRVL holds the sixth position with 5.65% weightage. 

LUMA charges 65 basis points in fees. It traded at a volume of 0.02 million shares in the last trading session. 

Tema Photonics & Optical ETF (LAZR - Free Report)  

This fund, with net assets worth $94 million, offers exposure to 27 companies enabling faster data movement between the chips, servers, and data centers powering AI. LYTE holds the first spot in this fund, with a 14.63% weightage. 

LAZR charges 75 basis points in fees. It traded at a volume of 0.11 million shares in the last trading session. 

A brand-new US-listed ETF promises to double the pain whenever SK Hynix rallies, collapsing a complex Korean short trade into a single ticker. But the mechanics that make it powerful are the same ones that can quietly destroy a position…

Betting against a red-hot memory chip stock used to require a margin account, an options approval level, or access to Korean shares. The Leverage Shares 2X Short SK Hynix Daily ETF (CBOE:SKHQ) collapses that trade into a single US-listed ticker. SKHQ is engineered to move roughly twice the inverse of SK Hynix’s daily price change, which makes it a tactical instrument for traders who think the HBM cycle is peaking, or for semiconductor investors who want to hedge a concentrated long book without unwinding it. The catch is the word daily. SKHQ is a short-term trading tool designed for intraday and multi-day directional bets.

What SKHQ Is Actually Built to Do SK Hynix, the Korean memory giant behind much of the world’s high-bandwidth memory going into AI accelerators, trades in the US primarily through the HXSCL ADR. SKHQ takes that single-stock exposure and inverts it with 2x daily leverage. The fund is issued through Leverage Shares by Themes and listed on the CBOE, sitting in the same category of single-stock leveraged and inverse products popularized by Direxion and GraniteShares.

The return engine is a daily swap-based reset that targets negative two times the underlying’s one-day return. That mechanic is the whole product. It also drives the biggest structural risk, which is compounding drift over multi-day holding periods. In a choppy tape, SKHQ can lose value even when SK Hynix ends a week roughly flat, because each day’s leverage is calculated off a new base.

Because the fund is brand new, several key line items that normally anchor a portfolio-fit review are not yet reported in fund databases. Expense ratio, NAV, and holdings snapshots are not populated, and the SEC filing on record is the 497K summary prospectus. Investors should pull the current expense ratio directly from the prospectus before sizing a position, because single-stock leveraged ETFs typically carry fees materially higher than plain-vanilla sector funds.

Does It Deliver on the Thesis There is not enough trading history to grade SKHQ on trailing returns in any meaningful way. Only 11 trading days of data are available, with the fund pricing at $10.70 as of September 17, 2026 versus a $14.20 start on September 2, 2026. That is a 24.62% drawdown in the fund’s first two weeks of existence, including a 9.46% single-day decline on September 17. In plain terms, SK Hynix has been ripping higher on continued AI memory demand, and a 2x short product is doing exactly what the label promises: losing money quickly when the underlying rallies.

The one-week snapshot tells the same story in reverse. SKHQ was up 3.52% between September 10 and September 17, meaning it captured some of a short-term pullback in the stock. That is the pattern to expect from this vehicle. Sharp positive returns on down days for SK Hynix, brutal losses on up days, and volatility decay eating into any position held longer than the trader intended.

Notably, Leverage Shares also rolled out a companion product. Its 1X Short SK Hynix Daily ETF was announced on September 2, 2026, giving investors an unleveraged version of the same short exposure. For most portfolio use cases, that 1x sibling is the more defensible choice.

Tradeoffs Investors Need to Price In Compounding drift. Held for more than a few sessions, SKHQ’s return will diverge, sometimes sharply, from a straight 2x inverse of SK Hynix over the same period. In a volatile stock like a Korean memory name, the decay can be severe. Single-stock concentration. This is concentrated exposure to a single Korean issuer, with idiosyncratic risk around HBM contract wins, NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) order flow, DRAM pricing, and Korean regulatory and currency factors. Track record and liquidity. With 11 trading days of history and no reported AUM, bid/ask spreads and market-maker depth are unproven. Size positions accordingly and use limit orders. Fee opacity. Until the current expense ratio is confirmed against the prospectus on file with the SEC, assume it is meaningfully higher than a standard sector ETF. Where SKHQ Fits, and Where It Does Not SKHQ is a satellite instrument best used for tactical exposure rather than as a core holding or portfolio building block. It fits an active trader running a directional view on SK Hynix over hours or a few days, or a semiconductor-heavy investor who wants a short-dated hedge against a specific catalyst such as an earnings report or a DRAM pricing update. Position sizing should be small, measured in basis points of the portfolio rather than percentage points, with a predefined exit.

It does not fit anyone building a long-term bearish thesis on memory. For that view, an unleveraged short position, put options with a defined expiry, or the sister 1X Short SK Hynix Daily ETF will produce a cleaner outcome without the daily-reset math working against the holder. And it has no place at all in a retirement account being managed for compounding. SKHQ is a scalpel. Treat it that way.

Contact [email protected] for any questions or corrections.

Nvidia CEO Jensen Huang says the company will sell twice as many chips next year. Server racks, CPUs, and networking products could help explain how.

If you want to buy Anthropic stock before the company goes public, you can't type a ticker symbol into your brokerage app and hit the buy button. While Anthropic filed its confidential S-1 with the Securities and Exchange Commission back in June, shares will not be easily accessible to retail investors until it lists on a public exchange.

So for now, most of the ways that ordinary retail investors can get exposure to Anthropic will be indirect. The cleanest paths include public-company proxies or exchange-traded funds that already hold stakes in Anthropic, though there are secondary markets that most casual investors cannot use.

Image source: Getty Images.

What is the best way to invest in Anthropic? Interest in the Anthropic IPO is not theoretical. A survey of investors by The Motley Fool found that 70% of respondents are considering buying either the OpenAI or the Anthropic IPO, or both. That level of early demand explains why some people are looking for backdoors now rather than waiting for the opening-day tape.

For most investors, the best way to gain exposure to Anthropic is to buy stock in publicly traded companies that already have equity stakes in it. Amazon (AMZN +0.64%) is the heavyweight in this category. It has already invested $13 billion in Anthropic and has committed up to $20 billion more contingent upon operational milestones.

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Alphabet (GOOGL +0.73%) (GOOG +0.66%) structured a similar ownership position through equity and contracts with Google Cloud. Both Microsoft (MSFT -0.62%) and Nvidia (NVDA +0.06%) invested in Anthropic's Series G funding round back in May. The developer of the Claude artificial intelligence chatbot runs certain workloads on Microsoft Azure and buys GPU clusters from Nvidia.  

Outside of the cloud hyperscalers, Zoom and Salesforce also invested in Anthropic through their respective venture arms. These partnerships made strategic sense, as both companies could benefit from Anthropic's rapid valuation growth while integrating its tools into their respective workflows.

While none of these stocks offer anything close to pure-play exposure to Anthropic, they are the least expensive options for retail investors who want access before the IPO circus begins.

Which ETFs own Anthropic? Exchange-traded funds with a direct line into Anthropic are rare. One of the more popular options is the KraneShares Artificial Intelligence and Technology Public and Private ETF (AGIX +0.17%). Its portfolio has stakes in about 72 companies, most of them publicly traded, but also a half dozen that are privately held, including Anthropic. Of note, the fund's expense ratio is a fairly high 1%.

In addition, Cathie Wood's Ark Venture Fund (ARKVX +0.34%) also holds an Anthropic stake. However, this is an interval fund with limited liquidity, and buying into it generally requires a minimum investment of $500. This means the Ark Venture fund is not a typical ETF that you can exit on any day of the week.

Can you buy Anthropic shares on secondary markets? If you qualify as an accredited investor, secondary-market platforms such as Forge Global, EquityZen, and Hiive may offer access to private company investments. Forge is part of Charles Schwab, while EquityZen is owned by Morgan Stanley. Working with leading IPO brokerages may make access to private companies simpler and more trustworthy. However, investors usually need to commit a minimum of $5,000 or more to such accounts.

So, can you buy Anthropic stock ahead of the IPO? Sort of, but not in a simple way. My suggestion would be to invest in the public proxies and complement these diversified holdings with a tiny direct slice of AGIX, or to wait until after the company's public listing. For most investors, waiting until the IPO hype fades would be the smarter trade.

Charles Schwab is an advertising partner of Motley Fool Money. Adam Spatacco has positions in Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, Nvidia, Salesforce, and Zoom Communications. The Motley Fool recommends Charles Schwab and recommends the following options: short September 2026 $95 calls on Charles Schwab. The Motley Fool has a disclosure policy.

TCV Trust & Wealth Management Inc. increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,886 shares of the computer hardware maker’s stock after buying an additional 2,777 shares during the quarter. NVIDIA accounts for approximately 1.3% of TCV Trust & Wealth Management Inc.’s holdings, making the stock its 23rd biggest position. TCV Trust & Wealth Management Inc.’s holdings in NVIDIA were worth $17,385,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of NVDA. Defender Capital LLC. grew its stake in NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after acquiring an additional 50 shares in the last quarter. Kooman & Associates lifted its position in shares of NVIDIA by 0.6% in the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock worth $1,694,000 after purchasing an additional 50 shares in the last quarter. Roof Eidam Maycock Peralta LLC lifted its position in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock worth $3,767,000 after purchasing an additional 50 shares in the last quarter. Spectrum Financial Alliance Ltd LLC boosted its holdings in shares of NVIDIA by 3.8% during the first quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker’s stock worth $243,000 after purchasing an additional 51 shares during the period. Finally, PFS Partners LLC boosted its holdings in shares of NVIDIA by 1.2% during the second quarter. PFS Partners LLC now owns 4,375 shares of the computer hardware maker’s stock worth $875,000 after purchasing an additional 51 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA In other news, EVP Timothy S. Teter sold 30,000 shares of the stock in a transaction dated 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 transaction, the executive vice president 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 position. The sale was disclosed in a legal filing with the SEC, 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 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 transaction, 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 disclosure for this sale is available in the SEC filing. Insiders sold 1,700,740 shares of company stock valued at $385,015,077 in the last ninety days. Insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance NVDA stock opened at $219.34 on Friday. The firm has a 50 day moving average of $214.43 and a two-hundred day moving average of $204.16. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $236.54. The company has a market capitalization of $5.29 trillion, a price-to-earnings ratio of 27.73, a P/E/G ratio of 1.68 and a beta of 2.22. 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 (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, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter last year, the firm earned $1.05 EPS. NVIDIA’s revenue for the quarter was up 105.9% on a year-over-year basis. As a group, equities analysts anticipate that NVIDIA Corporation will post 9.12 EPS 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 issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) 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 the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia Analyst Upgrades and Downgrades Several research firms have weighed in on NVDA. Tigress Financial reiterated a “strong-buy” rating and issued a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Daiwa Securities Group lifted their target price on shares of NVIDIA from $215.00 to $255.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Itau BBA Securities lowered their price target on shares of NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Bank of America reaffirmed a “buy” rating and issued a $350.00 price target (up from $320.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of NVIDIA in a report on Monday, August 31st. Three equities research 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. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $324.34.

Read 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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Boston Trust Walden Corp raised its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 14.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,262,697 shares of the computer hardware maker’s stock after purchasing an additional 160,300 shares during the quarter. NVIDIA accounts for approximately 1.9% of Boston Trust Walden Corp’s investment portfolio, making the stock its 5th biggest position. Boston Trust Walden Corp’s holdings in NVIDIA were worth $252,653,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in NVDA. Bartlett & CO. Wealth Management LLC raised its holdings in NVIDIA by 1.5% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 1,208,102 shares of the computer hardware maker’s stock worth $241,730,000 after purchasing an additional 18,051 shares during the last quarter. TCV Trust & Wealth Management Inc. increased its position in shares of NVIDIA by 3.3% during the second quarter. TCV Trust & Wealth Management Inc. now owns 86,886 shares of the computer hardware maker’s stock worth $17,385,000 after buying an additional 2,777 shares during the period. CRA Financial Services LLC increased its position in shares of NVIDIA by 1.6% during the second quarter. CRA Financial Services LLC now owns 134,550 shares of the computer hardware maker’s stock worth $26,922,000 after buying an additional 2,119 shares during the period. Meredith Wealth Planning raised its stake in NVIDIA by 0.9% during the second quarter. Meredith Wealth Planning now owns 18,873 shares of the computer hardware maker’s stock worth $3,776,000 after buying an additional 175 shares during the last quarter. Finally, Brookmont Capital Management raised its stake in NVIDIA by 3.1% during the second quarter. Brookmont Capital Management now owns 9,232 shares of the computer hardware maker’s stock worth $1,847,000 after buying an additional 276 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Up 2.5% Shares of NASDAQ NVDA opened at $219.34 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 company has a 50-day moving average price of $214.43 and a 200-day moving average price of $204.16. The stock has a market capitalization of $5.29 trillion, a P/E ratio of 27.73, a P/E/G ratio of 1.68 and a beta of 2.22. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its 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 analyst estimates 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% on a year-over-year basis. During the same quarter last year, the company earned $1.05 earnings per share. On average, equities research analysts forecast that NVIDIA Corporation will post 9.12 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. Shareholders 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 yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio is presently 12.64%.

Wall Street Analyst Weigh In A number of brokerages have commented on NVDA. Craig Hallum upped their price target on shares of NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Robert W. Baird set a $500.00 target price on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, May 21st. Raymond James Financial set a $515.00 price target on NVIDIA and gave the company a “strong-buy” rating in a research note on Thursday, August 27th. William Blair restated an “outperform” rating on shares of NVIDIA in a report on Tuesday, June 2nd. Finally, DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research report on Wednesday, August 26th. 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 MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $324.34.

Get Our Latest Stock Analysis on NVDA

Insider Activity at NVIDIA In other NVIDIA news, EVP Timothy S. Teter sold 30,000 shares of the business’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 transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. The trade was a 1.10% decrease in their ownership of the stock. The transaction 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 shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the transaction, 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. In the last three months, insiders have sold 1,700,740 shares of company stock worth $385,015,077. Insiders own 3.94% of the company’s stock.

More 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 the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia 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.

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Bartlett & CO. Wealth Management LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,208,102 shares of the computer hardware maker’s stock after purchasing an additional 18,051 shares during the quarter. NVIDIA accounts for approximately 3.0% of Bartlett & CO. Wealth Management LLC’s holdings, making the stock its 6th largest holding. Bartlett & CO. Wealth Management LLC’s holdings in NVIDIA were worth $241,730,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Defender Capital LLC. grew its position in NVIDIA by 0.7% in the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after purchasing an additional 50 shares in the last quarter. Kooman & Associates grew its holdings in shares of NVIDIA by 0.6% in the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock valued at $1,694,000 after acquiring an additional 50 shares in the last quarter. Roof Eidam Maycock Peralta LLC increased its position in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock valued at $3,767,000 after acquiring an additional 50 shares during the last quarter. Spectrum Financial Alliance Ltd LLC increased its position in shares of NVIDIA by 3.8% in the first quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker’s stock valued at $243,000 after acquiring an additional 51 shares during the last quarter. Finally, PFS Partners LLC raised its holdings in NVIDIA by 1.2% during the second quarter. PFS Partners LLC now owns 4,375 shares of the computer hardware maker’s stock worth $875,000 after acquiring an additional 51 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

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 the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia Insider Activity at NVIDIA In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the business’s 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 completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy S. Teter sold 30,000 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. The trade was a 1.10% 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 1,700,740 shares of company stock worth $385,015,077 in the last quarter. 3.94% of the stock is currently owned by company insiders. NVIDIA Stock Performance NASDAQ NVDA opened at $219.34 on Friday. The firm has a 50-day moving average price of $214.43 and a two-hundred day moving average price of $204.16. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The company has a market capitalization of $5.29 trillion, a P/E ratio of 27.73, a P/E/G ratio of 1.68 and a beta of 2.22. 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 (NASDAQ:NVDA – Get Free Report) last announced its earnings results 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. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same period last year, the firm earned $1.05 earnings per share. The business’s revenue for the quarter was up 105.9% on a year-over-year basis. Analysts anticipate that NVIDIA Corporation will post 9.12 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. Investors 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 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 12.64%.

Analyst Upgrades and Downgrades A number of brokerages recently weighed in on NVDA. The Goldman Sachs Group restated a “buy” rating on shares of NVIDIA in a report on Thursday, September 10th. President Capital raised their target price on shares of NVIDIA from $295.00 to $330.00 in a research note on Thursday, August 27th. New Street Research reduced their price target on NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Oppenheimer set a $315.00 price target on NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Finally, JPMorgan Chase & Co. upped their price objective on NVIDIA from $280.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, August 27th. 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 company. Based on data from MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $324.34.

Read Our Latest Stock Report on NVIDIA

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.

Further Reading Five stocks we like better than NVIDIA Aeluma’s Selloff Could Be Setting Up Its Next Big Move Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip? The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks The Fed’s Rate Hike Could Backfire If Oil Prices Collapse

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Nvidia CEO Drops Bold Prediction as Chip Sales Could Double Next Year Summary

Nvidia CEO Jensen Huang expects chip sales to double next year as AI demand continues to expand across industries

Nvidia NVDA CEO Jensen Huang expects the company to sell roughly twice as many chips next year as it does this year, pointing to continued demand for artificial intelligence technology across industries.

Huang made the projection while attending an AI-focused meeting hosted by King Charles III in Scotland. He said businesses and governments in many countries continue to invest in AI because of its potential economic benefits.

The forecast comes after Nvidia projected about $673 billion in revenue for fiscal 2028, representing growth of roughly 70% from the prior year. The company does not disclose its total chip sales volume, making the unit-growth outlook difficult to compare directly with its revenue forecast.

Nvidia's portfolio includes data-center graphics processors such as Blackwell and Rubin, along with CPUs, networking chips and processors used in robotics and vehicles. Huang previously said the company shipped six million Blackwell GPUs over four quarters.

Huang also joined executives from Google DeepMind, OpenAI and Anthropic at the Scotland meeting, where discussions included AI safety and product testing.

CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs. Insider Cluster Buys: Stocks that multiple company officers and directors have bought. Double Buys: Companies that both Gurus and Insiders are buying Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back. Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Speaking at Goldman Sachs' Communacopia + Technology Conference on Sept. 10, Nvidia (NVDA +2.54%) CEO Jensen Huang highlighted a series of growth forecasts for his company and the artificial intelligence (AI) market at large. Notably, Huang doubled down on his projection that the world's annual AI infrastructure spending would land between $3 trillion and $4 trillion by 2030. For reference, market research firm Gartner projects that global AI infrastructure spending will total roughly $1.48 billion.

At the conference, Huang also reiterated the guidance that Nvidia issued with its fiscal Q2 report earlier this month for sales growth of 70% in its next fiscal year. He went on to describe Nvidia as the "world's first and only growth value stock." What does that mean for investors?

Nvidia CEO Jensen Huang. Image source: Getty Images.

What should investors make of Huang's "growth value" framing? Huang has done an incredible job guiding Nvidia's growth, turning it into the most important player in the AI hardware space and the world's most valuable company by market cap. He's undoubtedly a visionary leader and one of this century's most important and influential figures.

At the same time, it would probably be a stretch to call Nvidia the world's first and only "growth value stock." With the benefit of hindsight, many of history's biggest tech winners could have been placed in the category at various points in their growth trajectories -- and there are probably other stocks on the market right now that could also justifiably fit in it.

On the other hand, Huang isn't wrong to point out the unusual nature of Nvidia's current valuation profile relative to its growth. Despite its incredible valuation run-up and megacap size, traditional valuation metrics suggest Nvidia could be significantly undervalued.

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Nvidia is currently trading at roughly 23 times this year's expected earnings and roughly 12.5 times expected sales. Given the company's stellar growth rates this year, the stock actually looks quite cheap based on those valuation metrics. The company grew revenue 106% year over year in the second quarter, and adjusted net income surged by 118%.

The company is on track for massive growth this year, but valuation multiples that look low compared to the business's rates of sales and earnings expansion would make sense if the business were on track for big performance drop-offs next year and beyond. That doesn't appear to be the case.

With Nvidia guiding for roughly 70% revenue growth in fiscal 2028 and gross margins of 72% to 73%, the business is seemingly poised for another year of strong sales and earnings growth. The company has also tended to be conservative in its guidance. With that in mind, there are good reasons to think that Huang is correct to highlight the striking "growth value" characteristic of his company's stock.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Goldman Sachs Group and Nvidia. The Motley Fool has a disclosure policy.

Nvidia shares have already delivered 900% over five years, but a specific multiple applied to a rising earnings estimate points to a price target that Wall Street has not yet penciled in. Here is the math behind the case for…

NVIDIA (NASDAQ: NVDA | NVDA Price Prediction) has spent the last year proving that the AI infrastructure buildout is not slowing down. Shares are up 17.39% year to date and 25.2% over the past year, extending a run that has delivered 901.72% over five years.

CEO Jensen Huang framed the current moment bluntly on the August call: “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.”

With Vera Rubin in full production and hyperscaler backlogs swelling, the question I keep hearing is how high shares can go. Here is what NVIDIA needs to do to reach $400 by the end of 2027.

Wall Street Already Sees Big Upside From Here The Street is unusually aligned on NVIDIA. The average analyst target sits at $328.66, with 9 strong buys, 48 buys, 2 holds, and 1 sell. Estimates keep climbing: the FY2028 EPS consensus has moved from $12.6718 ninety days ago to $15.5675 today, backed by 39 upward revisions in the last 30 days and zero cuts.

FY2027 revenue consensus now sits at $411.29 billion. NVIDIA has also beaten expectations in five straight quarters, most recently by 6.29% on EPS and 4.51% on revenue, so actual results have consistently run ahead of the model.

Path to $400 Per Share At $218.42, NVDA trades at roughly 23x forward earnings, essentially in line with the S&P 500’s forward multiple around 21x to 23x despite growing revenue 105.85% year over year. Applying a 26x multiple to the current FY2028 EPS estimate of $15.5675 gets you into the $400 zip code, and the high-end FY2028 estimate is already $18.7460.

What could push NVIDIA to $400?

Vera Rubin economics. Revenue opportunity per gigawatt jumps from $25 billion on Blackwell to $40 billion on Vera Rubin, and management expects it to be the fastest product ramp in NVIDIA’s history. Hyperscaler capex. Top-five hyperscaler spending is projected at nearly $800 billion in 2026 and $1.3 trillion in 2027, with cloud backlog already greater than $2 trillion. Supply-constrained guidance. Management guided FY2028 revenue growth of approximately 70%, noting customer forecasts imply doubling and that NVIDIA has supply for only about 70% of expected demand. Capital return. $99 billion remains under buyback authorization, with $26 billion returned in Q2 alone. Anchor customers. OpenAI commitments represent roughly 12 gigawatts of NVIDIA compute, AWS is deploying an additional 2 million GPUs, and financing partners are mobilizing over $500 billion of third-party capital. NVIDIA Has Done Bigger Moves Before A run to $400 by end of 2027 requires roughly 83% upside from here. That sounds steep, but NVIDIA returned 224% in 2016, 125% in 2021, 239% in 2023, and 171% in 2024.

With a market cap already at $5.12 trillion, repeating those triple-digit years is harder, but a 15-month push through consensus is well within the company’s historical range. Prediction-market sentiment is also constructive, with a composite score of 75.66 and a bullish direction.

Is $400 Realistic? My Take Getting to $400 requires NVIDIA to keep beating estimates, Vera Rubin to ramp as advertised, and hyperscaler capex to hold at forecast levels.

Risks are real: memory costs are pushing gross margins from 75% toward 71% to 72% before recovering, China Data Center revenue is assumed at zero, and supply constraints run through at least fiscal 2028. The buildout also has a second layer of beneficiaries beyond the chipmaker itself, and we profiled seven of them, from power to cooling to networking, in a free AI infrastructure report.

Even so, with estimates rising, buybacks active, and demand outpacing supply, returns at this level shouldn’t be expected every year, but we’ve outlined the blueprint for how NVIDIA could see outsized returns by the end of 2027.

Contact [email protected] for any questions or corrections.

Some members of the group look dirt cheap.

Legacy Advisors LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 30.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 74,563 shares of the computer hardware maker’s stock after acquiring an additional 17,463 shares during the period. NVIDIA makes up 1.4% of Legacy Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Legacy Advisors LLC’s holdings in NVIDIA were worth $14,919,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. J. Stern & Co. LLP increased its position in shares of 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 valued at $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in NVIDIA in the 4th quarter worth approximately $2,635,969,000. Amundi boosted 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 worth $23,329,141,000 after buying an additional 12,575,177 shares in the last quarter. SEB Asset Management AB purchased a new stake in NVIDIA in the first quarter worth approximately $1,692,807,000. Finally, Employees Provident Fund Board bought a new position in NVIDIA during the fourth quarter valued at approximately $1,243,336,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the company’s stock in a transaction 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 transaction, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy S. Teter sold 30,000 shares of the firm’s stock in a transaction dated 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 sale, 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 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. Insiders have sold 1,700,740 shares of company stock worth $385,015,077 over the last three months. Insiders own 3.94% of the company’s stock.

Analyst Upgrades and Downgrades A number of equities research analysts have recently issued reports on NVDA shares. Rothschild & Co Redburn upped their price objective on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Piper Sandler assumed coverage on shares of NVIDIA in a research note on Wednesday, September 9th. They issued an “overweight” rating and a $300.00 price target for the company. Morgan Stanley set a $300.00 price target on shares of NVIDIA and gave the company an “overweight” rating in a research report on Thursday, August 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of NVIDIA in a report on Thursday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $324.34. View Our Latest Analysis on NVIDIA

Key Stories 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 the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia NVIDIA Price Performance Shares of NVIDIA stock opened at $219.34 on Friday. The firm has a market cap of $5.29 trillion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 1.68 and a beta of 2.22. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. 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 company’s fifty day simple moving average is $214.43 and its two-hundred day simple moving average is $204.16.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its 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. The company had revenue of $96.22 billion during 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%. NVIDIA’s revenue for the quarter was up 105.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. As a group, equities analysts expect that NVIDIA Corporation will post 9.12 EPS for the current year.

NVIDIA Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders 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 dividend yield of 0.5%. NVIDIA’s payout ratio 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 Aeluma’s Selloff Could Be Setting Up Its Next Big Move Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip? The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks The Fed’s Rate Hike Could Backfire If Oil Prices Collapse

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Fischer Investment Strategies LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 27.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,746 shares of the computer hardware maker’s stock after acquiring an additional 2,327 shares during the period. NVIDIA comprises about 1.0% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 16th biggest holding. Fischer Investment Strategies LLC’s holdings in NVIDIA were worth $2,150,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its position in shares of NVIDIA by 2.1% in the 1st 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 during the last quarter. Invesco Ltd. increased its holdings 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 raised its stake in NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after buying an additional 124,849,603 shares in the last quarter. Amundi raised its stake in NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock valued at $23,329,141,000 after buying an additional 12,575,177 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in NVIDIA by 0.6% during 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 buying an additional 555,221 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In Several analysts have weighed in on NVDA shares. Wolfe Research reiterated an “outperform” rating and set a $275.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Rothschild & Co Redburn raised their price target on shares of NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. Bank of America reaffirmed a “buy” rating and issued a $350.00 price target (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research report on Thursday, August 27th. Finally, Seaport Research Partners increased their price objective on shares of NVIDIA from $140.00 to $180.00 and gave the stock a “sell” rating in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $324.34.

Check Out Our Latest Report on NVIDIA NVIDIA Trading Up 2.5% NASDAQ NVDA opened at $219.34 on Friday. The firm’s 50 day moving average price is $214.43 and its two-hundred day moving average price is $204.16. 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 twelve month low of $164.27 and a twelve month high of $236.54. The stock has a market cap of $5.29 trillion, a price-to-earnings ratio of 27.73, a PEG ratio of 1.68 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating 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 company had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the previous year, the business posted $1.05 EPS. The business’s revenue for the quarter was up 105.9% on a year-over-year basis. Equities analysts anticipate that NVIDIA Corporation will post 9.12 EPS for the current year.

NVIDIA Dividend Announcement The company also recently announced 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. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio is presently 12.64%.

Key Stories 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 the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia Insider Transactions at NVIDIA In other news, EVP Timothy S. Teter sold 30,000 shares of the company’s stock in a transaction dated 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 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 legal filing with the SEC, which can be accessed through this hyperlink. 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 shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the transaction, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,700,740 shares of company stock valued at $385,015,077 over the last ninety days. Company insiders own 3.94% of the company’s stock.

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 Aeluma’s Selloff Could Be Setting Up Its Next Big Move Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip? The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks The Fed’s Rate Hike Could Backfire If Oil Prices Collapse

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James Investment Research Inc. cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 183,657 shares of the computer hardware maker’s stock after selling 2,845 shares during the quarter. NVIDIA comprises approximately 3.7% of James Investment Research Inc.’s investment portfolio, making the stock its 3rd biggest position. James Investment Research Inc.’s holdings in NVIDIA were worth $36,748,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Legacy Advisors LLC lifted its holdings in NVIDIA by 30.6% during the 2nd quarter. Legacy Advisors LLC now owns 74,563 shares of the computer hardware maker’s stock worth $14,919,000 after buying an additional 17,463 shares in the last quarter. Greenwood Gearhart LLC grew its stake in shares of NVIDIA by 6.7% in the second quarter. Greenwood Gearhart LLC now owns 300,798 shares of the computer hardware maker’s stock worth $60,187,000 after acquiring an additional 19,014 shares in the last quarter. Tiller Private Wealth Inc. grew its stake in shares of NVIDIA by 0.5% in the second quarter. Tiller Private Wealth Inc. now owns 11,646 shares of the computer hardware maker’s stock worth $2,330,000 after acquiring an additional 59 shares in the last quarter. Opus Financial Solutions LLC increased its position in shares of NVIDIA by 108.4% during the second quarter. Opus Financial Solutions LLC now owns 14,217 shares of the computer hardware maker’s stock worth $2,845,000 after acquiring an additional 7,396 shares during the period. Finally, MBM Wealth Consultants LLC increased its position in shares of NVIDIA by 5.2% during the second quarter. MBM Wealth Consultants LLC now owns 16,242 shares of the computer hardware maker’s stock worth $3,250,000 after acquiring an additional 810 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA In related news, EVP Timothy Teter sold 30,000 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 2,687,660 shares in the company, valued at $585,587,360.80. The trade was a 1.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 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 shares were 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 of the company’s stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,700,740 shares of company stock worth $385,015,077. Corporate insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance NASDAQ NVDA opened at $219.34 on Friday. The company has a fifty day moving average of $214.43 and a two-hundred day moving average of $204.16. The company has a market capitalization of $5.29 trillion, a PE ratio of 27.73, a P/E/G ratio of 1.68 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 debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued 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. The company had revenue of $96.22 billion during 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 firm’s revenue for the quarter 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. As a group, analysts expect that NVIDIA Corporation will post 9.12 earnings per share for the current year.

NVIDIA Announces Dividend The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 12.64%.

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 the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia Analyst Upgrades and Downgrades A number of equities analysts have recently commented on NVDA shares. Morgan Stanley set a $300.00 price objective on NVIDIA and gave the stock an “overweight” rating in a research report on Thursday, August 27th. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. Royal Bank Of Canada lifted their price target on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Mizuho set a $315.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a report on Thursday, August 27th. Finally, Rothschild & Co Redburn raised their price objective on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Three equities 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.com, the company currently has a consensus rating of “Buy” and a consensus price target of $324.34.

Check Out 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.

See Also Five stocks we like better than NVIDIA Aeluma’s Selloff Could Be Setting Up Its Next Big Move Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip? The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks The Fed’s Rate Hike Could Backfire If Oil Prices Collapse

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From onsite energy to the AI rack, Delta integrates power and cooling infrastructure to speed time to first production and maximize token performance per megawatt.

, /PRNewswire/ -- Delta Electronics, a global leader in power management and smart green solutions, today announced its development to speed up the deployment of AI factories based on NVIDIA DSX. The NVIDIA DSX AI Factory Platform brings together reference designs, open software, accelerated computing systems, facilities infrastructure and partner technologies in a codesigned platform for AI factory design, deployment and operations. Delta brings the physical infrastructure bridge between energy availability and compute productivity — connecting onsite energy, facility power, row and rack-level power and cooling, as well as chip-level solutions, enabling customers to accelerate token production and ultimately generate higher AI yield from every available megawatt.

Watch the video to learn more about Delta's work supporting NVIDIA AI factory infrastructure and its energy-to-compute solutions. "AI factory economics begin with a simple question: how much intelligence can be produced from every available megawatt?" said Austin Tseng, President of Delta Electronics Americas. "The answer depends on more than facility power alone. Power quality, GPU load transients and heat must be engineered together all the way into the rack. Delta and NVIDIA connect those layers — energy, power, cooling and components — allowing AI factory operators to reach time-to-first-token sooner and optimize token output at scale."

"AI factories must be designed as complete systems, with power, cooling and compute working together," said Vladimir Troy, vice president of AI infrastructure at NVIDIA. "Delta's expertise in 800 VDC power delivery and liquid cooling will help customers deploy AI factories based on NVIDIA DSX faster and get more AI performance from every megawatt."

Engineering Across Energy to the AI Rack

Delta integrates power and thermal management infrastructure across facility gray space and IT space. At the facility level, Delta integrates energy storage systems (ESS), solid-state transformers (SST) and medium-voltage infrastructure to store, convert and distribute the power required by high-density AI workloads. Across the IT space, Delta integrates 800 VDC power delivery with row-to-chip liquid cooling, aligning power flow and heat removal with the dynamic demands of high-density GPU computing. For AI factories based on NVIDIA DSX, this system-level approach helps close integration gaps between facility and IT infrastructure.

Engineering Through the Rack to the Chip

Delta's 800 VDC power architecture reduces conversion stages between facility power and compute, and delivers up to 98% power conversion efficiency while responding rapidly to GPU load transients. High-density In-Row systems deliver up to 800 kW in a single power rack, while tailored battery and capacitance backup technologies support transient stability. At the board level, Delta's 800 VDC DC-DC power distribution technology steps down directly to 50 VDC or 12 VDC with peak efficiency up to 98.5%. Coordinating these technologies reduces electrical losses, heat generation, copper requirements and stranded capacity while reclaiming valuable white space for compute.

The same design continuity applies to thermal management. Delta's portfolio spans 2.4 MW and 3 MW liquid-to-liquid cooling distribution units, In-Rack cooling, and thermal solutions for next-generation AI racks. By coordinating electrical and thermal infrastructure at the facility, row, rack, and component levels, Delta helps power and cooling systems meet the density and operating requirements of AI factories based on NVIDIA DSX.

Prefabrication Accelerates Time to First Production

To accelerate AI factory deployment, Delta applies prefabrication and modular design to physical infrastructure. Delta's Prefabricated AI Modular Data Center Solution integrates 800 VDC In-Row Power and 3 MW of liquid-cooling capacity into infrastructure blocks assembled and tested in the factory. Moving more integration and validation offsite reduces onsite complexity, streamlines commissioning and supports phased capacity expansion as demand grows.

Delta's system-level engineering and prefabricated delivery approach connect infrastructure design with execution—making constrained power more usable, accelerating the path to productive GPU capacity and supporting reliable token output at scale.

Watch the video to learn more about Delta's work supporting NVIDIA AI factory infrastructure and its energy-to-compute solutions.

About Delta Electronics (Americas)

Headquartered in Fremont, CA, Delta Electronics (Americas) is a subsidiary of Delta Electronics, Inc. (TWSE: 2308), a global leader in power management and smart green solutions. We have operated in the Americas for almost 40 years, with offices, R&D centers, manufacturing and service facilities across the U.S., Canada, Mexico, Brazil and more. Our smart, energy-saving solutions serve customers across data centers, IT, telecom, renewable energy and microgrids, EV charging and powertrains, building automation, industrial automation, lighting and other major industries. Please visit: www.deltaww.com | www.delta-americas.com

SOURCE Delta Electronics (Americas)

SAN FRANCISCO--(BUSINESS WIRE)--ASUS and Poesis today announced the results of a week-long experiment that successfully deployed agentic AI to trade autonomously in financial markets. The system ran entirely on the ASUS ExpertCenter Pro ET900N G3, a deskside supercomputer built on the NVIDIA DGX Station platform, powered by NVIDIA GB300 Grace Blackwell Ultra Desktop Superchip. Throughout the test, all models, agents, and workflows ran locally on the ASUS ExpertCenter, showing that agents can fu.

While an Nvidia (NVDA +2.54%) stock split in 2026 isn't impossible, I think it's highly unlikely. The company last completed a stock split in 2024, when its share price stood at roughly $1,200. After the 10-for-1 split, the company's stock traded at roughly $120 per share.

Currently, it's trading around $210 per share, which is likely not a high enough pure-dollar level to encourage the company to reorganize its stock structure.

That said, I still think that Nvidia stands out as a worthwhile long-term investment.

Image source: Getty Images.

Nvidia's growth outlook and competitive positioning are strong Nvidia and other leading AI stocks have recently seen some downward valuation pressures connected to increased calls for safety guardrails and other regulations around the progression of artificial intelligence (AI) development. These technologies are evolving fast, and there are good reasons to be concerned. On the other hand, I expect that the intensifying focus on the dangers that AI poses will ultimately have a relatively small impact on Nvidia's growth trajectory.

While leading figures from top AI companies such as Anthropic, OpenAI, and Space Exploration Technologies have recently highlighted the need for a more forward-looking approach to navigating the dangers of artificial intelligence, I think it's unlikely that any of them will reduce their spending on advancing their AI initiatives.

Of those three companies, only SpaceX is public right now -- but keep an eye on quarterly reports from it and other public, AI-focused businesses such as Alphabet, Amazon, and Meta Platforms, and see if any of them announce a reduction in capital expenditure plans for the coming year or suggest that they expect to reduce their investments in compute infrastructure further out. It's probably not going to happen.

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In its latest quarterly report (for Q2 fiscal 2027), Nvidia guided for sales growth of roughly 70% in its next fiscal year. It was the first time that the AI hardware leader had provided guidance for the next fiscal year in a fiscal Q2 report, and that unprecedented move was made possible because of the strength of the demand backdrop. The company also guided for gross margins of between 72% and 73% in its fiscal 2028.

Nvidia is now shipping its Vera Rubin architecture -- a platform built around the Rubin graphics processing unit (GPU) and its Vera central processing unit (CPU). This next generation of processing power offers substantial improvements in compute capacity, which will support further advancements in high-end AI models. The company is also selling its Vera CPUs separately, which will help the tech leader achieve a wider foothold in the server CPU market. While GPUs continue to be the most important processing components in advanced AI, Nvidia is moving to significantly increase its ability to win in multiple data center spending categories.

Stock splits shouldn't be the foundation for a long-term investment Stock splits have been hotly anticipated events in recent years. By multiplying shares and bringing down the pure-dollar stock price, companies can make their stocks more appealing to some retail investors. This can increase buying action and send the company's share price higher.

There has also been a self-reinforcing bullish effect with stock splits recently. When a stock split is highly expected or announced, investors anticipate bullish momentum as a result. The increased buying action to take advantage of this expected dynamic often increases the company's valuation.

On the other hand, stock splits don't do anything to change a company's fundamentals. The good news there is that Nvidia's fundamentals continue to look strong. It is growing its sales and earnings at incredible rates for a company of its size, and the broadening of its tech product stack seemingly has the business on track to score wins that will further diversify the business and open up new growth channels.

Nvidia CEO Jensen Huang said on Thursday that the company will double the number of chips it sells next year.

It's the latest forecast from Nvidia that points to continuing massive growth for the next six quarters, and comes shortly after the company revealed that it expected 70% growth in the fiscal year ending in January 2028, or about $673 billion, which caused analyst expectations to shoot up.

"I expect Nvidia to sell twice as many chips as this next year as we do this year," Huang told the media at a summit with the U.K.'s King Charles III in Scotland. "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."

Nvidia doesn't disclose the number of chips it sells in total. Its best-known products are its data center graphics processing units, or GPUs, such as its Blackwell and Rubin chips. Last fall, Huang said that Nvidia had shipped 6 million Blackwell GPUs in four quarters.

But Nvidia makes a variety of semiconductors in addition to its GPUs, including central processors, or CPUs, switch chips, chips for optical networking, chips for laptops, Jetson chips for robots and cars, and the chip inside Nintendo's Switch 2 gaming console.

Huang, who was joined at the summit by representatives from Google DeepMind, OpenAI, and Anthropic, was in the U.K. to discuss AI safety, a topic that he's repeatedly weighed in on in recent weeks

The public discourse over risks to humanity has reached a fever pitch after AI researchers warned that humans are no longer able to control the most advanced artificial intelligence.

"When a product is not safe, we should hold it back and keep engineering it," Huang said.

Read more CNBC tech newsLabor crisis in U.S. chip manufacturing leaves Samsung, TSMC desperate for talentOpenAI reports 6 new instances of 'concerning model behavior' since MarchOpenAI CEO Sam Altman will attend state dinner for Trump-Xi summit in WashingtonAnthropic policy chief says AI companies can't be expected to operate on 'honor code'watch now

The Federal Reserve raised interest rates 25 basis points yesterday, lifting the federal funds target range to 3.75%-4.00% as policymakers cited still-elevated inflation.

The move puts renewed monetary tightening in focus, with higher rates potentially pressuring economic growth, increasing borrowing costs, and compressing valuation multiples across the tech sector.

However, companies with fortress balance sheets, robust cash flow, recurring revenue, and little dependence on outside financing should be better equipped to weather a higher-rate environment.

Nvidia (NVDA - Free Report) ), Fortinet (FTNT - Free Report) ), Alphabet (GOOGL - Free Report) ), Microsoft (MSFT - Free Report) , and Apple (AAPL - Free Report) ) stand out in this regard.

Image Source: Federal Reserve Economic Data

1. Nvidia's AI Boom Is Producing Enormous Cash FlowNvidia's explosive AI growth has transformed it into one of the market's strongest cash generators.

The chip giant generated $24.1 billion in operating cash flow in Q2, while capital and intangible-asset purchases were only about $2.7 billion. Nvidia also held roughly $56.6 billion in cash and marketable debt securities, plus another $42.8 billion in marketable equity securities.

Furthermore, Nvidia's 75% gross margin and dominant position in AI accelerators provide exceptional profitability and pricing power, reducing its reliance on borrowing to fund growth.

2. Fortinet Offers a Defensive Cybersecurity AngleFortinet may be especially appealing in a higher-rate environment because cybersecurity remains a mission-critical expense for enterprises.

FTNT generated $966 million in free cash flow on just $2.05 billion of Q2 revenue, equating to an exceptional free-cash-flow margin of roughly 47%. Fortinet also finished the quarter with nearly $4.5 billion in cash plus short-and long-term investments, providing substantial financial flexibility.

With organizations unlikely to substantially reduce cybersecurity protection simply because borrowing costs rise, Fortinet combines a defensive technology niche with impressive cash generation.

3. Alphabet's Massive Liquidity CushionAlphabet has one of the strongest balance sheets in corporate America, ending Q2 with roughly $242.5 billion in cash, cash equivalents, and marketable securities.

Even with aggressive spending on AI infrastructure, Alphabet generated $53.3 billion in trailing-12-month free cash flow, giving the Google parent company considerable financial flexibility to support its data-center expansion even if borrowing costs remain elevated. Its dominant Search business and growing Google Cloud operation provide another layer of earnings resilience.

4. Microsoft's Cash Flow Supports Its AI ExpansionMicrosoft is another cash-generating powerhouse, producing an impressive $182.9 billion in operating cash flow during its recently completed fiscal 2026.

The software giant finished June with approximately $76.8 billion in cash and short-term investments, while its recurring Microsoft 365, Azure, security, and enterprise software revenue provides considerable visibility even if higher rates slow economic activity.

Microsoft's AI infrastructure spending is enormous, but its ability to finance those investments primarily through internally generated cash separates it from more leveraged technology companies.

5. Apple's Cash Machine Remains FormidableApple's immense cash generation should also help insulate it from higher rates.

The iPhone maker finished its most recent fiscal third quarter with approximately $146.5 billion in cash and marketable securities and generated nearly $117 billion in operating cash flow during the first nine months of fiscal 2026. Capital expenditures were just $6.8 billion over that period, highlighting Apple's highly cash-generative business model.

Along with its massive installed device base, Apple's increasingly important Services business provides a growing stream of high-margin revenue that can help cushion softer discretionary hardware demand.

Bottom LineHigher interest rates can still pressure even the strongest tech stocks by lowering the valuation multiples investors are willing to pay. However, NVDA, FTNT, GOOGL, MSFT, and AAPL are considerably less vulnerable to the financing side of monetary tightening thanks to their tremendous liquidity, strong cash generation, and ability to fund growth internally when needed.

That financial strength could become increasingly valuable should the Fed maintain higher rates—or pursue additional monetary tightening—to bring inflation back toward its 2% target.

At 24, Leopold Aschenbrenner turned a hedge fund into a $45 billion force in AI markets, then watched it collapse in days. Now he is making a new move, and Wall Street is paying close attention.

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On September 11, 2026, Jim Cramer posted five words on X in reaction to CNBC’s reporting that instantly ricocheted around finance Twitter: “HE’s back, he’s bigger than ever”. He was sharing CNBC’s reporting that Leopold Aschenbrenner’s fund, Situational Awareness, had turned active in the options market again. The post is a headline reaction, well short of a considered market call.

The name matters because of what happened six weeks earlier.

Who Aschenbrenner Is, And What Happened In July Leopold Aschenbrenner is a former OpenAI researcher who built Situational Awareness into an AI-focused hedge fund that Moneycontrol described as reaching $45-billion by the time he was 24. CNBC’s post-mortem described how he built the $45 billion AI hedge fund and lost most of it in days. BeInCrypto put the wipeout at $35 Billion. Those two dollar figures measure different things: the size the fund reached, and the amount reportedly lost.

On July 30, 2026, CNBC reported that Aschenbrenner was forced to unwind all public stock positions after steep losses, according to The Wall Street Journal. The same day, The Wall Street Journal reported that Citadel bought Situational Awareness’s stock portfolio after the losses. That is the hole he is climbing out of.

Back In The Market, This Time Through Options Multiple outlets converged on the return story on the same day. CNBC reported on September 11, 2026 that Situational Awareness is active in the options market, according to Quartz. Quartz on September 11, 2026 reported Situational Awareness is buying options after the collapse, according to CNBC. inkl on September 11, 2026 framed it as Aschenbrenner returning to the market with new AI options bets, and UA.NEWS on September 11, 2026 described the fund becoming active in the options market again after an asset decline, according to CNBC.

A quick primer for readers new to the instrument: options let an investor control a large position for a fraction of the cost of buying shares outright, which magnifies both gains and losses. That is why a fund rebuilding after a wipeout might reach for them, and why doing so is risky for anyone copying the trade (we wrote a free playbook on speculating with no more than 5% of a portfolio, with the sizing and exit rules that keep it from hurting, here: Small Stakes, Big Swings).

Why AI Options Bets Almost Always Orbit NVIDIA No outlet has named the specific tickers behind the new positions. Any conversation about concentrated AI options bets, though, sits in the shadow of NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), whose market cap sits near $5.28 trillion. NVIDIA’s Q2 FY2027 report, filed with the SEC on August 26, 2026, delivered revenue of $96.22 billion, up 105.8% year-over-year, with Data Center revenue of $89.02B, up 117% YoY. Guidance for Q3 called for revenue of $108.0B plus or minus 2%. The earnings release also flagged supply commitments that have surged to $279 billion, tied largely to Vera Rubin production.

Jensen Huang framed the backdrop this way on the call: “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.” Retail is leaning in. NVDA’s full-chain put/call ratio sits at 0.45, and r/wallstreetbets threads such as “28k NVDA YOLO. 3 DTE” drew hundreds of upvotes this week.

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Nebius Group NV (NASDAQ:NBIS) has notified customers of plans to increase prices across its on-demand GPU cloud services, with the new rates scheduled to take effect on October 1.

Under the latest adjustments, prices for Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) H100 instances will rise by about 17%, while rates for the newer Nvidia B300 GPU will rise by about 21%.

The company also announced that rates for Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) EPYC Genoa CPUs will increase by 25% under the latest adjustments.

The announcement marks the company's second round of price increases in a few months, bringing the cumulative increase for B300 instances to about 56%.

After the announcement, Nebius shares climbed 11% to $232.50 in premarket trading, before settling around 2% higher by midmorning Thursday.

The latest pricing changes come amid continued demand for artificial intelligence computing infrastructure, although Nebius has not disclosed the expected financial impact of the announced increases.

Nvidia NVDA stock rose more than 2% on Thursday to around $218, putting the shares on track for a second consecutive session of gains as tech stocks helped drive a broader market rebound.

The Dow Jones Industrial Average gained 0.7%, while the S&P 500 rose 1.1% and the Nasdaq Composite advanced 1.6%.

The gains came as Treasury yields and oil prices eased, helping markets recover some of the losses triggered by the Federal Reserve’s first interest-rate hike in three years.

SpaceX and Amazon each gained about 2%, while Microsoft rose 1%.

Other AI-related chip stocks also moved higher, with Qualcomm up 2% and Intel surging 9%.

Nvidia CEO Jensen Huang remains bullish on the outlook for AI infrastructure, saying Thursday that he expects the company to sell twice as many chips over the coming year as artificial intelligence spreads across more industries.

Huang made the comments in Scotland at an event convened by King Charles III.

Nvidia is the leading supplier of AI accelerators, which are used to develop and run artificial intelligence models.

The comments come as Nvidia continues to forecast rapid growth despite increasing debate about the sustainability and risks of AI development.

The company projected revenue growth of 70% for its next fiscal year last month and said revenue could potentially double if it had sufficient supply to meet demand.

Huang also acknowledged concerns surrounding AI safety, saying companies need to take responsibility and ensure their AI software and services are safe before releasing them.

Nvidia’s bullish demand outlook comes as Chinese technology giant Huawei accelerates efforts to develop alternatives to Nvidia’s AI computing systems.

Huawei said Thursday that it plans to launch two new AI chips next year.

The company has already shipped more than 1,000 AI computing systems, which combine hundreds of chips to increase computing power, to more than 370 customers.

The push is part of China’s broader effort to reduce its reliance on US technology.

Washington has restricted Chinese companies’ access to Nvidia’s most advanced AI chips and placed controls on the semiconductor equipment available to Chinese chipmakers.

Huawei has also been subject to US restrictions since 2019.

The US-China technology relationship could also come into focus next week.

Huang is expected to attend a state dinner hosted by President Donald Trump for Chinese President Xi Jinping when Xi visits Washington on September 24, according to media reports earlier this week.

AI is expected to be among the issues discussed during the Trump-Xi meeting as Washington and Beijing negotiate over economic and technology matters.

Huang has maintained close ties with Trump and was among US business leaders who traveled to China with the president earlier this year.

He also attended a state dinner hosted by Xi during Trump’s visit to China in May alongside Elon Musk and former Apple CEO Tim Cook.

The meeting comes as Nvidia remains central to the US-China AI technology debate.

Morgan Stanley estimates China’s AI chip market could reach $67 billion by 2030, with domestic companies accounting for 86% of the market, compared with less than half in 2025.