Track market-moving stories before they get noisy

A month has gone by since the last earnings report for Nvidia (NVDA - Free Report) . Shares have lost about 1.5% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Nvidia due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

NVIDIA Q2 Earnings Beat on Blackwell Ultra & Data Center StrengthNVIDIA delivered another strong quarterly performance as AI infrastructure demand lifted second-quarter fiscal 2027 results above expectations. Non-GAAP earnings of $2.22 per share for the second quarter rose 120% year over year and beat the Zacks Consensus Estimate by 6.22%.

Revenues surged 106% year over year to $96.22 billion and surpassed the consensus mark by 4.82%. The robust performance at the Data Center segment mainly drove the overall top-line growth.

NVDA's Data Center Growth Broadens Beyond HyperscaleData Center revenues jumped 117% year over year and 18% sequentially to $89.02 billion, with Blackwell Ultra infrastructure driving the record performance. Within the Data Center segment, Hyperscale revenues climbed 102% year over year and 13% sequentially to $48.71 billion, supported by Blackwell Ultra demand.

AI Clouds, Industrial and Enterprise revenues advanced 138% year over year and 25% sequentially to $40.31 billion. Growth reflected demand from AI natives, enterprises and sovereign customers, along with hyperscalers using AI clouds. China Hopper shipments were less than 1% of Data Center revenues. Management expects NeoCloud partners to exit 2026 with eight gigawatts of installed capacity, up from roughly three gigawatts at the end of 2025.

Compute & Networking Leads NVIDIA's Segment MixCompute & Networking revenues were $88.3 billion, up 114% year over year and 18% sequentially. The performance reflected the continued scale-up of accelerated computing infrastructure and networking alongside the Blackwell ramp-up. Networking revenues also grew 18% sequentially, while Spectrum-X Ethernet revenues increased 2.6 times year over year.

Graphics revenues rose 46% year over year and 12% sequentially to $7.92 billion. Edge Computing revenues increased 27% year over year and 13% sequentially to $7.20 billion, driven by Blackwell workstation sales, partly offset by softer consumer PC sales amid elevated memory and system prices.

NVDA's Margins Remain Steady as Operating Costs RiseNon-GAAP gross margin was 75%, up 250 basis points from the year-ago quarter and flat sequentially. The year-over-year improvement reflected a better mix from Blackwell Ultra, while Blackwell architecture remained the vast majority of revenues.

Non-GAAP operating expenses increased 54% year over year and 11% sequentially to $8.23 billion. Higher compute infrastructure and compensation and benefits costs drove the increase. Non-GAAP operating income rose 124% year over year to $63.96 billion.

NVIDIA's Cash Flow Supports Supply ExpansionIn the second quarter, the company generated operating cash flow of $24.08 billion and free cash flow of $21.34 billion. In the first half of fiscal 2027, it generated operating and free cash flows of $74.42 billion and $69.9 billion, respectively. NVIDIA returned approximately $25.78 billion to shareholders through repurchases and dividends during the quarter and $45.33 billion during the first half of fiscal 2027.

Inventory increased sequentially to $31.58 billion in the second quarter as the company prepared for the Vera Rubin introduction. Supply and capacity commitments climbed to $279 billion from $119 billion in the prior quarter, primarily reflecting memory procurement needed to support demand over the next several years.

NVDA's Balance Sheet Reflects Bigger AI CommitmentAt the end of the second quarter, cash, cash equivalents and marketable debt securities totaled $56.6 billion. Accounts receivable reached $63.1 billion, while days sales outstanding rose to 60 days from 45 days sequentially due to extended payment terms on large, multi-quarter agreements with certain investment-grade customers.

NVIDIA also issued $25 billion of senior unsecured notes for general corporate purposes. Separately, maximum gross exposure from land, power and shell guarantees, including the SB Energy guarantees signed in August 2026, totaled $108.5 billion.

NVIDIA's Q3 Guidance Puts Vera Rubin in FocusFor the third quarter of fiscal 2027, NVIDIA expects revenues of $108 billion, plus or minus 2%. The guidance assumes no Data Center compute revenues from China. Management expects Vera Rubin to represent about 20% of Data Center revenues in the quarter.

Non-GAAP gross margin is projected at 74%, plus or minus 50 basis points, while non-GAAP operating expenses are expected to be about $9 billion. Management also expects fiscal 2028 revenues to grow approximately 70%, with supply remaining a bottleneck through at least the end of that year.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates review.

The consensus estimate has shifted 5.88% due to these changes.

VGM ScoresCurrently, Nvidia has a average Growth Score of C, however its Momentum Score is doing a lot better with an A. However, the stock has a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Nvidia has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.

LiftPoint Family Wealth Advisors LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 58.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,121 shares of the computer hardware maker’s stock after buying an additional 3,725 shares during the period. NVIDIA accounts for about 1.4% of LiftPoint Family Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. LiftPoint Family Wealth Advisors LLC’s holdings in NVIDIA were worth $2,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of NVDA. Mccarter Private Wealth Services LLC grew its position in NVIDIA by 3.1% during the 2nd quarter. Mccarter Private Wealth Services LLC now owns 11,268 shares of the computer hardware maker’s stock worth $2,255,000 after purchasing an additional 335 shares during the last quarter. Beacon Bridge Wealth Partners LLC increased its stake in NVIDIA by 3.5% during the 2nd quarter. Beacon Bridge Wealth Partners LLC now owns 7,270 shares of the computer hardware maker’s stock valued at $1,455,000 after purchasing an additional 245 shares in the last quarter. Bank Hapoalim BM raised its holdings in shares of NVIDIA by 36.0% in the second quarter. Bank Hapoalim BM now owns 23,391 shares of the computer hardware maker’s stock worth $4,680,000 after buying an additional 6,191 shares during the last quarter. Red Lighthouse Investment Management LLC raised its holdings in shares of NVIDIA by 25.9% in the second quarter. Red Lighthouse Investment Management LLC now owns 1,889 shares of the computer hardware maker’s stock worth $378,000 after buying an additional 389 shares during the last quarter. Finally, Juno Financial Group LLC lifted its stake in shares of NVIDIA by 16.2% during the second quarter. Juno Financial Group LLC now owns 3,838 shares of the computer hardware maker’s stock worth $768,000 after buying an additional 535 shares during the period. Institutional investors own 65.27% of the company’s stock.

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

Positive Sentiment: AI demand remains exceptionally strong. Commentary indicates NVIDIA’s management sees a path to roughly 70% revenue growth in fiscal 2028, well above the approximately 45% previously modeled by analysts. This suggests hyperscaler spending and demand for NVIDIA’s accelerated-computing systems may remain robust for longer than expected. NVIDIA demand growth article Positive Sentiment: The Vera Rubin rollout is progressing, with Super Micro Computer reportedly shipping liquid-cooled NVL72 racks for customer deployments. Successful system integration supports NVIDIA’s next-generation sales cycle and reinforces demand for related data-center infrastructure. Vera Rubin shipment article Positive Sentiment: Sanford C. Bernstein reaffirmed its “Buy” rating, while other research coverage continues to favor NVIDIA over competing AI-chip stocks because of its faster growth, stronger margins and broader hardware, networking and software ecosystem. NVIDIA versus Marvell analysis Neutral Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its access to AI models, developers, datasets and distribution. The strategic benefits could be significant, but the deal’s high price relative to Hugging Face’s reported revenue creates execution and valuation risk. Hugging Face acquisition analysis Negative Sentiment: Higher Treasury yields are making expensive technology stocks less attractive and increasing the risk of valuation compression. This macro pressure was the clearest reason for weakness across NVIDIA and other semiconductor shares. Semiconductor stocks and Treasury yields Negative Sentiment: Management expects higher memory costs to pressure gross margins, indicating that pricing power is shifting toward memory and optical-networking suppliers. NVIDIA also faces scrutiny from large insider sales, including an approximately $6.8 million Rule 10b5-1 sale by EVP Timothy Teter, although the transaction was prearranged. NVIDIA insider sale Analyst Upgrades and Downgrades A number of brokerages have recently weighed in on NVDA. Citigroup reissued a “buy” rating and set a $315.00 price objective (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. Phillip Securities lifted their price target on NVIDIA from $285.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. President Capital boosted their price target on NVIDIA from $295.00 to $330.00 in a research note on Thursday, August 27th. Jefferies Financial Group reiterated a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $315.00 price objective on shares of NVIDIA in a report on Tuesday, August 11th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $324.14. Get Our Latest Analysis on NVDA

NVIDIA Trading Down 0.4% Shares of NVDA stock opened at $224.58 on Friday. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $236.54. The company has a market cap of $5.41 trillion, a price-to-earnings ratio of 28.39, a PEG ratio of 1.77 and a beta of 2.22. 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 stock has a 50 day simple moving average of $216.08 and a 200-day simple moving average of $205.72.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.05 EPS. On average, equities research analysts expect that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

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

Insider Activity In other news, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 business’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. 3.94% of the stock is currently owned by company insiders.

NVIDIA Profile (Free Report)

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

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

See Also Five stocks we like better than NVIDIA Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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

North Dakota State Investment Board raised its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 687,707 shares of the computer hardware maker’s stock after purchasing an additional 9,527 shares during the period. NVIDIA accounts for about 5.6% of North Dakota State Investment Board’s holdings, making the stock its 2nd biggest position. North Dakota State Investment Board’s holdings in NVIDIA were worth $137,603,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in NVDA. Lifetime Wealth Management P.C. purchased a new position in NVIDIA during the 4th quarter valued at about $26,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA during the 1st quarter valued at $27,000. Phillip James Consulting Co. bought a new stake in NVIDIA during the first quarter worth about $40,000. Frankly Finances LLC purchased a new stake in NVIDIA in the second quarter worth approximately $60,000. Finally, Horrell Capital Management Inc. grew its holdings in shares of NVIDIA by 38.1% during the 4th quarter. Horrell Capital Management Inc. now owns 373 shares of the computer hardware maker’s stock valued at $70,000 after purchasing an additional 103 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Trading Down 0.4% NVIDIA stock opened at $224.58 on Friday. The business has a 50-day simple moving average of $216.08 and a two-hundred day simple moving average of $205.72. 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 has a market cap of $5.41 trillion, a P/E ratio of 28.39, a P/E/G ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54.

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

Analysts Set New Price Targets Several research firms recently issued reports on NVDA. Wedbush raised their price target on NVIDIA from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Rosenblatt Securities reissued a “buy” rating and issued a $390.00 price target on shares of NVIDIA in a research note on Friday, September 4th. Royal Bank Of Canada raised their price objective on NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Wall Street Zen raised NVIDIA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 29th. Finally, Rothschild & Co Redburn upped their price target on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $324.14.

View Our Latest Analysis on NVDA

Insider Transactions at NVIDIA In other news, Director Mark Stevens sold 622,239 shares of the firm’s stock in a transaction on 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 sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,766,118 shares of company stock valued at $399,450,353 over the last three months. Corporate insiders own 3.94% of the company’s stock.

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

Positive Sentiment: AI demand remains exceptionally strong. Commentary indicates NVIDIA’s management sees a path to roughly 70% revenue growth in fiscal 2028, well above the approximately 45% previously modeled by analysts. This suggests hyperscaler spending and demand for NVIDIA’s accelerated-computing systems may remain robust for longer than expected. NVIDIA demand growth article Positive Sentiment: The Vera Rubin rollout is progressing, with Super Micro Computer reportedly shipping liquid-cooled NVL72 racks for customer deployments. Successful system integration supports NVIDIA’s next-generation sales cycle and reinforces demand for related data-center infrastructure. Vera Rubin shipment article Positive Sentiment: Sanford C. Bernstein reaffirmed its “Buy” rating, while other research coverage continues to favor NVIDIA over competing AI-chip stocks because of its faster growth, stronger margins and broader hardware, networking and software ecosystem. NVIDIA versus Marvell analysis Neutral Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its access to AI models, developers, datasets and distribution. The strategic benefits could be significant, but the deal’s high price relative to Hugging Face’s reported revenue creates execution and valuation risk. Hugging Face acquisition analysis Negative Sentiment: Higher Treasury yields are making expensive technology stocks less attractive and increasing the risk of valuation compression. This macro pressure was the clearest reason for weakness across NVIDIA and other semiconductor shares. Semiconductor stocks and Treasury yields Negative Sentiment: Management expects higher memory costs to pressure gross margins, indicating that pricing power is shifting toward memory and optical-networking suppliers. NVIDIA also faces scrutiny from large insider sales, including an approximately $6.8 million Rule 10b5-1 sale by EVP Timothy Teter, although the transaction was prearranged. NVIDIA insider sale 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.

Featured Articles Five stocks we like better than NVIDIA Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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

South Street Advisors LLC lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 333,770 shares of the computer hardware maker’s stock after selling 4,064 shares during the period. NVIDIA comprises about 8.7% of South Street Advisors LLC’s holdings, making the stock its biggest position. South Street Advisors LLC’s holdings in NVIDIA were worth $66,784,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings 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 period. Invesco Ltd. grew its holdings in NVIDIA by 0.3% during 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 purchasing an additional 446,178 shares during the period. Amundi increased its position 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 during the last quarter. J. Stern & Co. LLP raised its stake in shares of NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after buying an additional 124,849,603 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of NVIDIA by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock valued at $16,479,126,000 after buying an additional 555,221 shares during the period. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth NVDA has been the subject of several research reports. Evercore set a $465.00 price target on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Itau BBA Securities dropped their price objective on shares of NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. KeyCorp reiterated an “overweight” rating and set a $330.00 target price on shares of NVIDIA in a research report on Monday, August 24th. Jefferies Financial Group reiterated a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a research report on Friday, September 4th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and a consensus target price of $324.14.

Read Our Latest Stock Analysis on NVDA Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: AI demand remains exceptionally strong. Commentary indicates NVIDIA’s management sees a path to roughly 70% revenue growth in fiscal 2028, well above the approximately 45% previously modeled by analysts. This suggests hyperscaler spending and demand for NVIDIA’s accelerated-computing systems may remain robust for longer than expected. NVIDIA demand growth article Positive Sentiment: The Vera Rubin rollout is progressing, with Super Micro Computer reportedly shipping liquid-cooled NVL72 racks for customer deployments. Successful system integration supports NVIDIA’s next-generation sales cycle and reinforces demand for related data-center infrastructure. Vera Rubin shipment article Positive Sentiment: Sanford C. Bernstein reaffirmed its “Buy” rating, while other research coverage continues to favor NVIDIA over competing AI-chip stocks because of its faster growth, stronger margins and broader hardware, networking and software ecosystem. NVIDIA versus Marvell analysis Neutral Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its access to AI models, developers, datasets and distribution. The strategic benefits could be significant, but the deal’s high price relative to Hugging Face’s reported revenue creates execution and valuation risk. Hugging Face acquisition analysis Negative Sentiment: Higher Treasury yields are making expensive technology stocks less attractive and increasing the risk of valuation compression. This macro pressure was the clearest reason for weakness across NVIDIA and other semiconductor shares. Semiconductor stocks and Treasury yields Negative Sentiment: Management expects higher memory costs to pressure gross margins, indicating that pricing power is shifting toward memory and optical-networking suppliers. NVIDIA also faces scrutiny from large insider sales, including an approximately $6.8 million Rule 10b5-1 sale by EVP Timothy Teter, although the transaction was prearranged. NVIDIA insider sale Insider Buying and Selling In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $598,810,648. The trade was a 1.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares of the company’s stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by insiders.

NVIDIA Stock Performance NASDAQ NVDA opened at $224.58 on Friday. The company has a fifty day moving average of $216.08 and a 200-day moving average of $205.72. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a market capitalization of $5.41 trillion, a P/E ratio of 28.39, a P/E/G ratio of 1.77 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 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same quarter last year, the firm earned $1.05 EPS. The firm’s quarterly revenue was up 105.9% compared to the same quarter last year. As a group, equities research analysts predict that NVIDIA Corporation will post 9.25 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. Investors of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio is currently 12.64%.

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.

Featured Articles Five stocks we like better than NVIDIA Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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

Key Takeaways NVIDIA raised supply and capacity commitments to $279B from $119B to support current and future products.NVIDIA posted $96.22B in Q2 revenues, while Data Center sales surged 117% year over year to $89.02B.Advance component commitments may ease shortages, but slower demand could raise costs or excess inventory. NVIDIA Corporation’s (NVDA - Free Report) increase in supply and capacity commitments signals confidence in sustained artificial intelligence (AI) infrastructure demand. At the end of the second quarter of fiscal 2027, the company had committed $279 billion to secure supply and production capacity, up from $119 billion in the first quarter. Most commitments are tied to memory and manufacturing facilities needed for current and future data center products. This gives NVIDIA greater visibility into component availability as it ramps up Blackwell and the next-generation Vera Rubin platform.

The timing is important. NVIDIA generated $96.22 billion in second-quarter fiscal 2027 revenues, up 106% year over year, while Data Center revenues surged 117% to $89.02 billion. The company expects third-quarter revenues of $108 billion (+/- 2%), indicating 89.5% year-over-year growth and a 12.2% sequential increase. Vera Rubin began production shipments in the third quarter.

The supply commitments could help NVIDIA avoid shortages that might otherwise limit revenue growth. Securing memory and critical components in advance should support smoother production as AI customers expand data center deployments. NVIDIA also expects fiscal 2028 revenue growth of about 70%, although supply constraints could limit how quickly it meets demand.

However, the commitments create risks. NVIDIA could face higher costs or excess inventory if customer demand slows or product transitions occur faster than expected. The company warns that changing demand could make commitments difficult to reduce.

Overall, the $279 billion commitment provides NVIDIA with a stronger supply base for its AI growth plans, but execution and demand will determine how effectively that capacity converts into revenues. The Zacks Consensus Estimate for fiscal 2027 revenues is currently pegged at $406.05 billion, indicating an 88% year-over-year increase.

AMD and Intel Are Challenging NVIDIA in AI RaceAdvanced Micro Devices, Inc. (AMD - Free Report) and Intel Corporation (INTC - Free Report) are expanding their AI businesses.

Advanced Micro Devices is broadening its data center AI opportunity from Instinct accelerators to the Helios rack-scale platform. In the second quarter of 2026, AMD’s Data Center revenues rose 107% year over year to $6.7 billion, while Instinct sales more than doubled. Helios is in production, with initial shipments expected late in the third quarter and a larger ramp-up in the fourth quarter and 2027.

The Helios platform has already garnered multiple large deals from big tech companies. Anthropic plans to deploy up to 2 gigawatts of MI450-series GPUs using the AMD Helios rack-scale platform, with the first gigawatt beginning in the first half of 2027. Microsoft plans to deploy Helios at scale on Azure. Advanced Micro Devices expects Data Center segment revenues to more than double year over year in 2027.

Intel is also gaining momentum in data center AI. Its second-quarter revenues rose 25% to $16.13 billion, while Data Center and AI revenues surged 59% to $6.26 billion. Intel also launched Xeon 6+ and expanded its open-source OpenVINO Physical AI framework, giving developers tools for AI and robotics applications.

Intel is building a broader AI infrastructure platform spanning CPUs, ASICs, graphics, networking and advanced packaging as customers design workload-specific systems. In the second quarter of 2026, purpose-built silicon revenues increased about 20% sequentially and nearly tripled year over year. During the last earnings call, management noted that purpose-built silicon revenues are approaching an estimated $2 billion run rate, and the company is targeting $4 billion in the near future.

NVIDIA’s Price Performance, Valuation and EstimatesShares of NVIDIA have risen around 20.8% year to date, underperforming the Zacks Computer and Technology sector’s gain of 23.4%.

NVIDIA YTD Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, NVDA trades at a forward price-to-earnings ratio of 17.11, below the sector’s average of 21.45.

NVIDIA Forward 12-Month P/E Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NVIDIA’s fiscal 2027 and 2028 earnings implies a year-over-year increase of approximately 93.9% and 65.8%, respectively. Estimates for fiscal 2027 and 2028 have been revised upward over the past 30 days.

03_Estimate Revision

Image Source: Zacks Investment Research

NVIDIA currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Sacks & Associates LLC bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,675 shares of the computer hardware maker’s stock, valued at approximately $3,147,000. NVIDIA makes up about 2.1% of Sacks & Associates LLC’s investment portfolio, making the stock its 12th biggest position.

Other large investors also recently bought and sold shares of the company. LightSquare Wealth Management LLC raised its position in NVIDIA by 0.3% during the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after acquiring an additional 49 shares during the last quarter. Defender Capital LLC. increased its stake in shares of NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock worth $1,507,000 after purchasing an additional 50 shares in the last quarter. Kooman & Associates raised its position in shares of NVIDIA by 0.6% during the 2nd 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 during the last quarter. Roof Eidam Maycock Peralta LLC lifted its stake in NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock valued at $3,767,000 after buying an additional 50 shares in the last quarter. Finally, Persium Advisors LLC lifted its stake in NVIDIA by 3.5% in the 2nd quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker’s stock valued at $293,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

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

Positive Sentiment: Demand for NVIDIA’s AI infrastructure remains strong. Management’s outlook implies roughly 70% revenue growth in fiscal 2028, while analysts and commentary continue to highlight the Vera Rubin product ramp, expanding data-center investment and potential supply constraints as catalysts. NVIDIA demand growth article Positive Sentiment: Super Micro Computer began shipping NVIDIA Vera Rubin NVL72 liquid-cooled server racks, providing evidence that NVIDIA’s latest systems are moving into customer deployments and supporting continued hyperscaler capital spending. Super Micro Vera Rubin shipment article Positive Sentiment: NVIDIA received a Zacks upgrade to Strong Buy. Other bullish analyses point to its broad AI hardware, networking and software portfolio, while IonQ’s planned quantum-computing deployment at an NVIDIA research center expands the company’s longer-term technology ecosystem. Zacks NVIDIA analysis Neutral Sentiment: Potential progress in Trump-Xi discussions could improve NVIDIA’s access to China, where the company’s latest revenue forecast assumes no data-center compute sales. However, export controls and the November tariff-truce deadline leave the opportunity highly uncertain. NVIDIA China sales outlook Negative Sentiment: Higher Treasury yields and renewed expectations for a possible October rate increase pressured high-growth technology stocks, making NVIDIA’s elevated valuation more vulnerable to multiple compression. Negative Sentiment: Insider-selling reports added to investor caution. EVP Timothy Teter sold approximately $6.8 million of shares under a pre-arranged Rule 10b5-1 plan, while separate coverage described a much larger sale by a senior director without a disclosed prearranged plan. The sales do not establish a fundamental problem but can weigh on sentiment. NVIDIA insider transaction Negative Sentiment: Management expects higher memory costs to pressure gross margins, highlighting a shift in AI bottleneck power toward memory and optical-networking suppliers. NVIDIA CEO Jensen Huang also said AI companies should not receive antitrust or liability exemptions, a stance that may increase compliance burdens across the industry. Reuters AI regulation article Analyst Ratings Changes Several equities analysts have weighed in on NVDA shares. Rosenblatt Securities reissued a “buy” rating and set a $390.00 price target on shares of NVIDIA in a research report on Friday, September 4th. Wedbush increased their price objective on NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Evercore set a $465.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Jefferies Financial Group reiterated a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, Morgan Stanley set a $300.00 target price on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $324.34. Get Our Latest Report on NVDA

NVIDIA Price Performance Shares of NVDA stock opened at $225.51 on Thursday. The firm has a fifty day simple moving average of $215.73 and a 200-day simple moving average of $205.39. The company has a market capitalization of $5.43 trillion, a PE ratio of 28.51, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

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

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

Insider Buying and Selling In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last quarter. 3.94% of the stock is owned by company insiders.

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 Chips to Bots: Qualcomm’s Agentic AI Breakout Ciena Fell 40%—Now One Analyst Sees 50% Upside Energy Transfer Taps the AI Power Boom Viking’s Obesity Edge May Be Staying Power, Not Weight Loss Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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

Jensen Huang is pitching a number so compelling it has gone viral, but the half of the equation that changes everything keeps getting left out of the conversation.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

A Number That Needs Its Denominator NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) chief executive Jensen Huang has been telling anyone who will listen that a one-gigawatt AI factory throws off about $50 billion a year in rental revenue. He has also said, in the same breath, that building one costs roughly $50 billion.

Set the two figures side by side and you get the framing he wants investors to hear: A return on invested capital he characterizes as roughly one year, according to NVIDIA. The revenue half of that pair has been ricocheting around social media on its own, stripped of the cost half. Put back together, this is his pitch to the people writing the checks for the buildout NVIDIA supplies.

What It Means Operationally The numbers describe the economics his customers see, and they explain why NVIDIA’s P&L looks the way it does. Data center revenue reached $89.02 billion last quarter, up 117% year over year (YoY), on total revenue of $96.22 billion. Non-GAAP gross margin held at 75%. Huang has quantified NVIDIA’s own take from each gigawatt of capacity as about 18 billion per gigawatt under Hopper, about 25 billion per gigawatt for Grace Blackwell, and about 40 billion per gigawatt for the Vera Rubin generation now shipping. Guidance for the current quarter calls for revenue of $108 billion, plus or minus 2%.

Who Is Doing the Talking Weight the claim accordingly. The person describing the returns on this hardware is the person selling the hardware. Huang is the vendor of the hardware that underpins these AI factory economics. The payback math can still hold, while the person best positioned to know the utilization curve and the resale market for last generation racks is also the person with the largest financial interest in the buildout continuing at its current pace. He has said as much when discussing the financing structures NVIDIA is using to prime the pump, describing arrangements where NVIDIA gets “paid twice, once on the hardware sale and again through the share of rental revenue” from neocloud partners.

Market Reaction Shares traded at $229.29 as of Sept. 22, up 8.69% over the past week and 23.23% year to date. Over five years the stock has returned 949.61%. Market capitalization sits at $5.536 trillion.

Bull Case Test the payback for durability, because a one year payback is only useful if it holds. Huang argues it does. He has said NVIDIA compute is “fungible and durable and can be redeployed to support other customers”, and that the useful life of the underlying infrastructure runs more than five or six years. He has framed demand as expanding, pointing to a 25-fold increase in the rate of token generation in less than a year, according to NVIDIA. The demand signal shows up in NVIDIA’s own book: supply obligations surged to $279 billion, and Huang described the fiscal 2028 outlook, calling for growth of approximately 70%, as supply constrained.

Hyperscaler CapEx is projected by NVIDIA to reach nearly $800 billion in 2026 and $1.3 trillion in 2027. Analyst coverage skews positive, with 48 Buy ratings, nine Strong Buy ratings and a mean target of $327.7 against a forward multiple of 25x. Free cash flow reached $21.34 billion last quarter, and the company returned ~$26 billion to shareholders, with ~$99 billion remaining under its repurchase authorization. If Huang’s durability argument holds, today’s rental economics represent the baseline for a multi-year upgrade cycle.

Bottom Line The rental figure alone is a slogan. The rental figure paired with the build cost is an argument, and it is the one Huang is actually making. He is talking his book. He is also the operator with the clearest view of the order flow, and that order flow includes a $279 billion supply commitment tied to Vera Rubin. The checkable trigger sits in the next earnings report. Watch whether third quarter revenue lands inside the $108 billion, plus or minus 2% guide and whether gross margin holds near the ~74% target. Income holders can log the 25-cent per share dividend paid Oct. 1. If the payback Huang describes deteriorates before the useful life he cites runs out, the whole framing collapses. Until then, the number and its denominator are pointing the same direction.

Contact [email protected] for any questions or corrections.

Nvidia NVDA stock fell more than 2% on Wednesday, putting the chipmaker on track to end a six-day winning streak as a sharp rise in Treasury yields weighed on technology stocks.

The decline came as US equities broadly moved lower amid renewed concerns that the Federal Reserve could raise interest rates again in October.

The S&P 500 fell 0.7%, while the Nasdaq Composite dropped 1.2%. The Dow Jones Industrial Average declined 318 points, or 0.6%.

Treasury yields climbed after stronger-than-expected purchasing managers’ index readings raised concerns about the strength of the economy and the potential for additional monetary tightening.

The 10-year Treasury yield reached 5.087%, its highest level since July 2007.

The two-year yield, which is particularly sensitive to expectations for Fed policy, climbed to 4.887%, its highest level since June 2024.

Markets also sharply increased their expectations for another rate increase.

The probability of a 25-basis-point Fed hike in October rose above 73%, according to CME FedWatch, up from 55.4% a day earlier and just 8.8% one month ago.

Higher yields can put pressure on high-growth technology stocks by raising the discount rate applied to future earnings.

Nvidia has also become increasingly sensitive to shifts in expectations around AI spending and the broader cost of capital.

The move comes after a sharp rebound in semiconductor stocks earlier this week.

The Philadelphia Stock Exchange Semiconductor Index, or SOX, fell nearly 6% on September 14 after concerns over the pace of advanced AI development weighed on chip stocks.

The index then jumped 4.3% Monday, its strongest daily gain since August 4, after early signs of success for Meta Platforms’ new AI agent helped revive optimism around future chip demand.

Nvidia growth remains strongDespite the volatility, there are few signs that AI infrastructure spending is slowing materially.

Nvidia’s revenue and net income are expected to increase 90% and 99%, respectively, in fiscal 2027, which ends in January.

That would represent an acceleration from roughly 65% growth for both metrics in the previous fiscal year.

The company also offered a strong outlook for the following year in its second-quarter earnings report last month, projecting 70% sales growth in fiscal 2028, well above the 45% growth previously expected.

Nvidia shares remain up roughly 18% in 2026, making it the second-best performer among the Magnificent Seven technology companies behind Apple, which has gained 26%.

However, the performance looks less impressive against the broader semiconductor sector.

The SOX index is up about 78% this year, while Micron Technology, Intel and Advanced Micro Devices have each gained more than 160%.

Nvidia is currently among the weaker performers within the semiconductor index, which trades at roughly 21 times estimated earnings.

Morningstar Chief US Market Strategist Dave Sekera said the market appears willing to price Nvidia’s near-term growth but remains cautious about how long that expansion can continue.

“I think the market is definitely giving the company for the amount of growth that they’re projecting here in the short term for the rest of the year and even for 2027,” Sekera said.

“But, I think the market is very leery of giving the company the credit for 2028 and thereafter.”

Morningstar expects Nvidia to generate slightly more than $400 billion in fiscal 2027 revenue, representing 74% growth, with earnings of almost $9.50 per share, up nearly 100% from the previous year.

Based on those estimates, Sekera said the stock trades at about 23 times fiscal 2027 earnings, which he described as not particularly expensive given the expected growth.

Morningstar expects Nvidia’s revenue to exceed $700 billion in fiscal 2028, another 70% increase, while earnings could rise 76% to $16.61 per share.

Under those estimates, the stock would trade at only about 13 times fiscal 2028 earnings, Sekera said, suggesting that investors are assigning relatively little value to Nvidia’s longer-term growth.

Principal Financial Group Inc. decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 3.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,405,664 shares of the computer hardware maker’s stock after selling 1,192,149 shares during the period. NVIDIA accounts for 3.8% of Principal Financial Group Inc.’s investment portfolio, making the stock its biggest position. Principal Financial Group Inc. owned approximately 0.16% of NVIDIA worth $7,684,592,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Hilton Capital Management LLC lifted its stake in shares of NVIDIA by 61.6% during the 2nd quarter. Hilton Capital Management LLC now owns 219,766 shares of the computer hardware maker’s stock worth $43,973,000 after purchasing an additional 83,736 shares during the period. Meridian Management Co. grew its position in shares of NVIDIA by 27.4% in the second quarter. Meridian Management Co. now owns 25,044 shares of the computer hardware maker’s stock valued at $5,011,000 after purchasing an additional 5,383 shares during the period. Mindset Wealth Management LLC increased its stake in NVIDIA by 25.2% in the second quarter. Mindset Wealth Management LLC now owns 1,184,129 shares of the computer hardware maker’s stock valued at $236,932,000 after purchasing an additional 238,146 shares during the last quarter. REAP Financial Group LLC increased its stake in NVIDIA by 21.1% in the second quarter. REAP Financial Group LLC now owns 8,926 shares of the computer hardware maker’s stock valued at $1,786,000 after purchasing an additional 1,554 shares during the last quarter. Finally, Journey Advisory Group LLC lifted its position in NVIDIA by 18.1% during the second quarter. Journey Advisory Group LLC now owns 90,065 shares of the computer hardware maker’s stock worth $18,021,000 after buying an additional 13,773 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth NVDA has been the subject of several recent analyst reports. DA Davidson restated a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a report on Thursday, August 27th. Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the stock an “outperform” rating in a report on Thursday, August 27th. DZ Bank reissued a “buy” rating on shares of NVIDIA in a research report on Wednesday, August 26th. Jefferies Financial Group restated a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, Evercore set a $465.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $324.34.

View Our Latest Stock Report on NVIDIA NVIDIA News Summary Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: CEO Jensen Huang pushed back against AI “doomsday” scenarios and argued that existing laws are sufficient, helping ease concerns that overly restrictive regulation could slow AI deployment. Nvidia’s Jensen Huang rejects AI doomsday fears Positive Sentiment: Analysts and financial commentators continue to highlight NVIDIA’s earnings momentum, broad AI hardware and networking portfolio, and projected long-term demand. Zacks restored the stock to a Rank #1 “Strong Buy,” while another report cited potential upside from positive earnings revisions. Bull of the Day: NVIDIA Corp. Positive Sentiment: Potentially improved access to China is a major catalyst. NVIDIA’s latest forecast reportedly assumes no data-center compute sales to China, leaving upside if the upcoming Trump-Xi discussions lead to licenses or expanded chip shipments. Nvidia’s forecast assumes no data center chip sales to China Positive Sentiment: New ecosystem initiatives reinforce NVIDIA’s expansion beyond GPUs. QAD | Redzone plans to integrate NVIDIA technology into manufacturing intelligence, while NVIDIA’s reported roughly $12.9 billion Hugging Face acquisition would add a major developer, model and dataset ecosystem. QAD Redzone Accelerates Manufacturing Intelligence with NVIDIA Neutral Sentiment: Investors are increasingly focused on AI infrastructure bottlenecks such as high-bandwidth memory, optical networking, power and cooling. Rising component costs could pressure NVIDIA’s margins, but may also validate demand and strengthen the position of critical suppliers such as Micron, Coherent and Lumentum. NVIDIA just named AI’s next bottleneck Negative Sentiment: AMD’s rapid advance is intensifying competitive pressure. Large OpenAI and Oracle commitments, rising data-center revenue and potential pricing power suggest hyperscalers are diversifying away from a single accelerator supplier. AMD chips away at NVIDIA’s AI throne Negative Sentiment: Other reports warn that higher interest rates, concentrated AI revenue, expensive infrastructure financing and persistent bubble concerns could weigh on NVIDIA’s richly valued shares. NVIDIA also missed the strongest portion of a Meta-driven chip rally, underscoring lingering growth expectations. Insider Buying and Selling at NVIDIA In other news, CFO Colette Kress sold 34,918 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. The trade was a 1.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,735,658 shares of company stock valued at $392,663,865 over the last three months. 3.94% of the stock is owned by company insiders.

NVIDIA Price Performance NVDA opened at $228.87 on Wednesday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The company has a 50 day moving average of $215.47 and a two-hundred day moving average of $205.09. The company has a market cap of $5.52 trillion, a P/E ratio of 28.93, a P/E/G ratio of 1.76 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 EPS. On average, analysts expect that NVIDIA Corporation will post 9.25 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 $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio is currently 12.64%.

NVIDIA Profile (Free Report)

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

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

See Also Five stocks we like better than NVIDIA Meta’s Muse Highlights Arm’s Growing Role in AI Infrastructure Oura’s $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring AMD Chips Away at NVIDIA’s AI Throne Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again? Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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

There may be no better company to represent the AI boom than Nvidia (NVDA +0.66%). Its graphics processing units (GPUs) are the backbone of artificial intelligence data centers, and in just three years, the company's market cap has skyrocketed by 445% to $5.5 trillion, making it the most valuable company in the world.

What continues to impress many investors is that Nvidia isn't done growing yet. In its fiscal 2027 second-quarter report, Management forecast that in fiscal 2028, its sales will rise by 70%, thanks to continued demand for AI chips.

But what's really interesting is that Nvidia leadership said it could double its sales in fiscal 2028 if it were able to overcome the constraints on the supply of commodities needed to produce its hardware.

In short, demand for Nvidia's chips is far outpacing the company's own forecast sales grown. Here's what's happening and why it's good news for Nvidia investors.

Image source: The Motley Fool.

Why GPU demand continues to accelerate On Nvidia's second-quarter fiscal 2027 earnings call, Nvidia CFO Colette Kress said:

Incredibly, we are seeing demand acceleration even at our scale. Customer forecasts point to our growth doubling next year. However, as I mentioned earlier, we expect to grow approximately 70% as we are supply-constrained.

Kress is absolutely right. This level of sales growth is incredible for a $5.5 trillion company. To put it in perspective, Apple's market cap is just under $5 trillion, and its revenue growth was 16% in the third quarter to $109 billion. Still impressive for its size, but nowhere near Nvidia's growth.

There are a handful of reasons why demand for artificial intelligence processors remains high, the first of which is that agentic AI is replacing human-generated prompts as the main driver of workload growth. In short, AI is doing more tasks on its own, and that's driving computing needs much higher.

Nvidia CEO Jensen Huang said on the earnings call that "the amount of compute necessary is just extraordinary" because AI agents use between 15 and 100 times as much compute as would be required with a human guiding the work. All of this is combining to boost demand for Nvidia's GPUs.

Huang's not the only one projecting far more spending on AI infrastructure. S&P Global recently forecast that tech companies will spend an estimated $1.3 trillion on AI next year.

Premium Feature

Moneyball Superscore

94/100

Today's Change

(

0.66

%) $

1.49

Current Price

$

228.87

Why this is good for Nvidia stock Sometimes it can be a problem when a company can't meet its customers' demand. But in this case, it's not so much of a problem because the entire tech industry -- including nearly all hardware makers -- is struggling to keep up.

For example, Micron Technology's memory chips are having a significant problem, with demand far outpacing supply. That's led to skyrocketing memory prices, higher margins for Micron, and global supply constraints.

The big picture for Nvidia investors is that agentic AI could drive GPU demand much higher than it is now and will likely continue to boost Nvidia's sales for years to come. As Huang noted on the call:

Today, the vast majority of AI is prompted by people. I believe that this last month, it has crossed. Most AI are now agentic. But in the future, every company will have a whole bunch of agents.

Nvidia says it's working to increase supply to meet customer demand. If it succeeds, it could double its sales in fiscal 2028. But even if it doesn't, Nvidia appears to be on the cusp of another surge in processor demand that could last for years.

The investor who called the subprime collapse now says the entire AI buildout depends on two companies, and one of them keeps him up at night. His math traces a chain from NVIDIA to Microsoft to a single customer whose…

Steve Eisman, the money manager who shorted subprime and was portrayed by Steve Carell in The Big Short, warned on his September 21 podcast that the AI trade rests on dangerous concentration. “70% of AI revenue of the hyperscalers is just from OpenAI and anthropic,” he said [sic], which amounts to about 25% to 35% of the hyperscalers’ entire cloud revenue. His conclusion: “the entire ecosystem is dependent upon two companies” and “one of them I think is in trouble, which is OpenAI.”

Why the Timing Matters Eisman’s warning came six days after OpenAI’s CFO tried to reassure the market. On September 15, OpenAI CFO Sarah Friar told CNBC the company’s business is “a diversified set of revenue streams” with strong margins and a diversified chip supply chain. The next day, CNBC reported that investors had approached OpenAI about a new funding round at a valuation as high as $1.5 trillion, with no active raise underway. Within a week, the market heard OpenAI described as either a $1.5 trillion diversified platform or the single point of failure for the entire AI capex cycle.

Eisman offered no source for the 70% figure. If directionally correct, it suggests customer concentration at the top of the AI stack is worse than any 10-K discloses.

Follow the Chain NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) sits at the head, with a market cap of roughly $5.52 trillion. Fiscal Q2 revenue hit $96.22 billion, up 105.8% year over year, with data center revenue of $89.02 billion. CEO Jensen Huang said compute is “supply-constrained” and guided Q3 revenue to $108.0 billion. Supply commitments have swelled to $279 billion, with $108.5 billion in guarantee obligations to AI cloud and data center partners. NVIDIA has invested nearly $50 billion in the Frontier AI Labs.

Microsoft (NASDAQ:MSFT), market cap $3.68 trillion, is in the middle. Azure crossed $100 billion in annual revenue for the first time. Microsoft spent $115.95 billion on capex in fiscal 2026, and commercial remaining performance obligations hit $678 billion. Free cash flow in Q4 fell to $19.64 billion, down 23% year over year, as capex outran operating cash. Microsoft’s restructured OpenAI deal gave it a ~27% stake valued around $135 billion in exchange for OpenAI contracting $250 billion in incremental Azure services.

That $250 billion is the Eisman question in one line. If OpenAI cannot generate the cash to consume what it promised to buy, the RPO becomes uncollectable and Microsoft’s capex intensity looks less like leverage to a secular boom and more like credit exposure to two loss-making labs.

(The picks-and-shovels case for AI runs well past the chipmakers; we profiled seven suppliers powering the buildout, from power to cooling, in a free report you can grab here.)

What to Watch Next NVIDIA shares are up 23% year to date and 947.6% over five years. Microsoft is up just 3.02% in 2026 and down 3.62% over the past year. The market is already questioning the ROI math.

Watch whether OpenAI’s next funding round prices near $1.5 trillion and whether Microsoft’s fiscal Q1 earnings report in late October shows Azure growth holding near the 45% constant-currency guide without another decline in free cash flow. If either wobbles, Eisman’s chain gets very short, very fast.

Contact [email protected] for any questions or corrections.

For the first time, our proprietary valuation model and Wall Street analysts are pointing at the same stock and the same direction, but the reasons behind that rare consensus reveal something bigger brewing inside Nvidia's next hardware cycle.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Our proprietary valuation model has converged with Wall Street analyst consensus on NVIDIA (NASDAQ: NVDA | NVDA Price Prediction). After upward revisions following the Vera Rubin ramp, our 24/7 Wall St. price target sits within striking distance of the sell-side consensus, and both point to meaningful upside from current levels.

Our 24/7 Wall St. price target for NVIDIA is $310.20 over the next 12 months, versus a current quote of $227.50. That implies 39.56% upside with a buy rating at 90% model confidence. The Wall Street consensus target of $327.70 sits modestly higher.

24/7 Wall St. Price Target Summary Metric Value Current Price $227.50 24/7 Wall St. Price Target $310.20 Upside 39.56% Recommendation BUY Confidence Level 90% Vera Rubin Puts Nvidia Back in Front NVDA has climbed 4.22% in the past week and 22.27% year to date.

Q2 FY2027 (reported August 26, 2026) delivered non-GAAP EPS of $2.22 versus $2.0887 estimate on revenue of $96.22 billion, up 105.85% year over year. Data Center revenue reached $89.02 billion, up 117%. Q3 guidance calls for revenue of $108 billion, plus or minus 2%.

Why Bulls See a Breakout Ahead CEO Jensen Huang said management expects fiscal 2028 revenue to grow by approximately 70%, framed as supply constrained. Revenue opportunity per gigawatt rises from roughly $18 billion on Hopper to $25 billion on Blackwell to $40 billion on Vera Rubin.

Cloud industry backlog exceeds $2 trillion, with top-five hyperscaler capex tracking to nearly $800 billion in 2026 and $1.3 trillion in 2027. Fiscal 2028 EPS consensus has been revised from $12.8206 30 days ago to $15.6826, with 42 upward revisions and zero downward. In our bull case, NVDA reaches $353.54.

What Could Go Wrong Q3 guidance excludes China Data Center compute revenue. Supply commitments have ballooned to $279 billion, largely for Vera Rubin memory. Gross margins are expected to bottom in Q4 in the 71% to 72% range as memory costs rise.

Nvidia has disclosed $108.5 billion of guarantee obligations tied to AI cloud partners. Management argues NVIDIA compute is fungible and can be redeployed if a customer stumbles, and the margin dip is mix-driven while the business scales. Our bear case still assumes NVDA reaches $261.39, up from today.

How Nvidia Compares to AMD and Broadcom Advanced Micro Devices (NASDAQ: AMD) is the most direct AI GPU competitor, with Data Center revenue of $6.72 billion in Q2 2026, up 107%. AMD trades at a trailing P/E near 211, while NVDA’s trailing P/E of 28 looks restrained given its scale and margin profile.

Broadcom (NASDAQ: AVGO) is the closest AI networking and custom ASIC peer. Q3 FY2026 AI semiconductor revenue reached $16.70 billion, up 221%, with Q4 guided to $21.70 billion. AVGO’s forward P/E of 25 and PEG of 0.472 support our $310.20 target as reasonable.

Setup Into Year-End Current levels sit well below our 24/7 Wall St. price target of $310.20, and pullbacks into the $200s have historically tracked China headlines.

Key risks to the thesis would be fiscal 2028 revisions reversing or Q4 gross margins slipping below management’s 71% to 72% floor. Wall Street and our model are aligned on the setup.

Our model projects NVDA could trade at these levels, assuming current growth trajectories and Vera Rubin ramp cadence hold.

Year 24/7 Wall St. Price Target 2026 $242.21 2027 $325.13 2028 $390.40 2029 $489.50 2030 $532.73 Contact [email protected] for any questions or corrections.

Integration will federate intelligence across the factory floor, ERP, supply chain and workforce — turning decades of fragmented manufacturing data into real-time intelligence and action.

CHICAGO & MIAMI--(BUSINESS WIRE)--Champions of Manufacturing — Manufacturing does not have a data problem. It has an intelligence problem.

“Manufacturers are surrounded by intelligence...Our ambition is to use NVIDIA technologies to help federate that intelligence and put it to work."

Share Factories generate enormous amounts of information every day — from machines, workers, production lines, ERP systems, suppliers, quality processes and supply chains. But much of that intelligence remains fragmented across systems, plants and processes.

Today, at Champions of Manufacturing in Chicago, QAD | Redzone announced plans to integrate NVIDIA technologies to accelerate Manufacturing Intelligence.

QAD | Redzone plans to integrate its deep manufacturing context and footprint across thousands of manufacturing plants with NVIDIA accelerated computing and AI to create a new foundation for Manufacturing Intelligence.

The ambition is to federate intelligence across the manufacturing enterprise — connecting what is happening on the factory floor with the context inside ERP, supply chain, quality and workforce systems — and use AI to continuously turn that intelligence into better decisions and faster action.

See more. Understand more. Decide faster. Act sooner.

From Fragmented Data to Federated Manufacturing Intelligence

For decades, manufacturers have invested in systems that optimize individual parts of their operations. ERP understands orders, materials and financial transactions. Manufacturing systems understand production. Quality systems understand defects and compliance. Supply chain systems understand suppliers, inventory and logistics. Connected workforce platforms understand what is happening with people on the factory floor. Machines and cameras increasingly understand the physical environment. But these systems rarely understand each other.

QAD | Redzone wants to connect those islands of intelligence.

QAD | Redzone plans to integrate NVIDIA AI and accelerated computing into its manufacturing intelligence platform to build a federated intelligence layer, powered by NVIDIA accelerated computing and AI, that can understand manufacturing context across systems without requiring manufacturers to replace the technology they already run. That distinction matters. The future of manufacturing will not be created by moving every piece of data into another system.

It will be created by connecting intelligence wherever it lives.

Intelligence That Can See the Factory

Initial capabilities will leverage NVIDIA's NVDinoV2 vision foundation model for quality inspection, with a downstream reasoning layer to explain what is detected — and what it means for the production order, quality record and workflow it touches. Vision AI agents can continuously observe production environments and identify potential quality, safety and process exceptions as they happen. But seeing something is only the beginning. QAD | Redzone can connect those observations to manufacturing context — the production order, product, lot, supplier, asset, quality record, operator and workflow associated with what the AI sees. A camera detecting an anomaly is an alert.

Knowing what that anomaly means to production — and what should happen next — is Manufacturing Intelligence.

Intelligence That Understands the Enterprise

The integration will also make the enormous amount of operational knowledge stored inside ERP and other manufacturing systems dramatically more accessible. Plant managers, planners, quality teams and executives will increasingly be able to interact directly with their manufacturing information using natural language. They could ask: Why did this line underperform yesterday? Which supplier issues are putting this week’s production plan at risk? Which customer orders will be affected by this machine failure? What is driving scrap higher at this plant? What should we change to recover today’s production plan? Instead of searching across multiple applications, building reports or waiting for IT, users will be able to receive answers grounded in the context of their manufacturing operations.

The objective is not simply conversational ERP. It is conversational Manufacturing Intelligence.

Intelligence That Eliminates Work

Manufacturing still depends on an enormous amount of manual information processing. Certificates of analysis. Supplier documents. Quality records. Invoices. Delivery notes. Specifications. Compliance documentation. QAD | Redzone intends to use NVIDIA multimodal AI capabilities to understand these documents, connect them to the correct manufacturing context, validate the information and initiate the appropriate workflow. The goal is straightforward:

If a machine can understand it, a person should not have to re-key it.

Intelligence That Continuously Optimizes

Manufacturing does not stand still. A machine fails. A supplier shipment arrives late. Labor availability changes. Demand moves. Quality issues appear. Yet many manufacturing planning processes still rely on periodic optimization and overnight processing. QAD | Redzone intends to combine NVIDIA accelerated computing and optimization capabilities with its manufacturing context to enable manufacturers to continuously evaluate changing conditions and rapidly determine the best next action. When reality changes, the manufacturing plan should change with it.

Not tomorrow morning. Now.

From Systems of Record to a Manufacturing System of Action

Together, these capabilities represent a fundamental change in what manufacturing software can become. Traditional enterprise software records transactions. The next generation must understand context, recognize change, evaluate alternatives and help people act. QAD | Redzone calls this the System of Action for manufacturing. Manufacturing Intelligence is the foundation. AI is the accelerator. Action is the outcome.

“Manufacturers are surrounded by intelligence, but today most of it is trapped — trapped in machines, ERP systems, supplier documents, production data and the experience of people on the factory floor,” said Sanjay Brahmawar, CEO of QAD | Redzone. “Our ambition is to use NVIDIA technologies to help federate that intelligence and put it to work. Imagine a manufacturing enterprise where the factory can see, the ERP can understand, the supply chain can anticipate, the operation can continuously optimize — and every person can make better decisions in real time. That is Manufacturing Intelligence. And we believe it will fundamentally change how manufacturers compete. We don’t want our customers spending the next three years building an AI strategy. We want them measuring the value in the first 90 days.”

Accelerating Manufacturing Intelligence with NVIDIA

NVIDIA brings a unique combination of accelerated computing, AI models, inference technologies, visual AI, optimization capabilities and edge computing infrastructure. QAD | Redzone brings decades of manufacturing expertise and operational context spanning ERP, connected workforce, production, quality, supply chain and thousands of manufacturing plants. The combination is critical. AI without manufacturing context can recognize patterns.

AI with manufacturing context can understand what those patterns mean.

That is the foundation the companies intend to build upon.

“Manufacturers are moving rapidly from experimenting with AI to embedding intelligence across their operations,” said Tarik Hammadou, director of Developer Relations at NVIDIA. “By combining QAD | Redzone’s deep manufacturing context and footprint across thousands of plants with NVIDIA accelerated computing and AI, they can help manufacturers connect intelligence across the enterprise and translate it into faster decisions, greater productivity and measurable operational outcomes.”

Changing the Economics of Manufacturing AI

QAD | Redzone also intends to address one of the next major challenges of enterprise AI: economics at scale. As AI evolves from occasional interactions with copilots to potentially millions of observations, decisions and agent interactions across manufacturing operations, the economics of inference become increasingly important. QAD | Redzone intends to explore NVIDIA technologies across cloud, data center and edge environments to determine where optimized inference can deliver greater performance, lower costs and appropriate governance for manufacturing workloads. As part of this, QAD | Redzone is evaluating NVIDIA's NeMo Switchyard — an intelligent routing layer that directs routine manufacturing AI decisions to optimized local models while routing complex reasoning to frontier AI — delivering both cost efficiency and data sovereignty at manufacturing scale. This gives manufacturers greater flexibility over where intelligence runs and how their operational data is governed.

A Blueprint for AI-Driven Value Creation

QAD | Redzone is backed by Thoma Bravo, one of the world’s largest software investors. The integration of NVIDIA technologies creates an opportunity to demonstrate not only a new model for Manufacturing Intelligence, but also a repeatable approach to AI-driven software value creation. QAD | Redzone intends to measure the collaboration against tangible outcomes including customer productivity, operational improvement, software innovation velocity, AI infrastructure economics, customer adoption and new AI-driven revenue. If successful, the approach could provide a replicable model for how AI and accelerated computing can drive measurable value creation across. enterprise manufacturing software.

Prove the technology. Prove the economics. Prove the customer value. Then scale it.

Manufacturing Intelligence in 90 Days

QAD | Redzone intends to begin structured deployments with selected manufacturing customers, initially focused on visual intelligence, intelligent document processing, conversational Manufacturing Intelligence and accelerated production optimization. Each deployment will be tied to defined operational and financial outcomes. The objective is deliberately ambitious:

Demonstrate measurable value in 90 days. Participating manufacturers will work alongside QAD | Redzone to establish clear before-and-after operational benchmarks — with the goal of generating empirical proof of Manufacturing Intelligence in action. This is not another AI experiment. It is the beginning of a new intelligence layer for manufacturing.

About QAD | Redzone

QAD | Redzone is redefining manufacturing and supply chains through its intelligent, adaptive platform that connects people, processes, and technology into a single System of Action. With three core pillars — Redzone (frontline empowerment), Adaptive Applications (the intelligent backbone), and ChampionAI (agentic AI for manufacturing) — QAD | Redzone helps manufacturers operate with Champion Pace, achieving measurable productivity, resilience, and growth in as little as 90 days. To learn more, visit www.qad.com or call +1 805-566-6100. Find us on LinkedIn, X, Facebook and Instagram.

Nvidia (NVDA +2.30%) guided for $108.0 billion of fiscal third-quarter revenue in late August, and the forecast carried a footnote: The company is "not assuming any Data Center compute revenue from China" in its outlook.

Reaching the figure would require growing about 89% from the prior-year quarter's $57.0 billion. And it assumes nothing whatsoever from the world's second-largest economy in the business that generates over 90% of Nvidia's sales.

On Thursday, Sept. 24, President Donald Trump hosts Chinese President Xi Jinping at the White House, with artificial intelligence (AI) among the main topics on the agenda. Nvidia CEO Jensen Huang is reportedly among the tech executives expected at the state dinner that night.

What is China worth to a forecast that assumes nothing from it?

Image source: The White House.

The zero is a decisionNvidia's fiscal 2027 second quarter, which ended July 26, didn't need China. Revenue rose 106% year over year to hit $96.2 billion, accelerating from 85% growth the prior quarter. The data center business contributed $89.0 billion of that, 117% more than a year earlier, and the current quarter's $108.0 billion forecast would be another 12% step up.

China is not completely absent, though. Nvidia billed $7.9 billion to customers headquartered in China, including Hong Kong, last quarter -- about 8% of overall revenue, up from $4.0 billion a year before. Those billings largely come from products the export rules do not restrict, like gaming and workstation chips.

But almost none of that money was AI compute. Shipments of H200 chips to China were under 1% of data center revenue in the quarter. And Nvidia's own filings describe the company as effectively foreclosed from China's data center compute market.

Put another way, the chips that drive Nvidia's growth hardly sell into China at the moment. Management, I believe, is right not to promise otherwise.

It took both governmentsIn April 2025, the U.S. government told Nvidia it needed a license to export even its H20 chip, a product designed specifically for China. Nvidia took a $4.5 billion charge when that market closed.

By last October, Huang was saying Nvidia's share of China's AI chip market had dropped from about 95% to zero. Before the limits, China accounted for roughly a fifth to a quarter of the company's data center revenue.

Starting in February, though, the U.S. issued licenses permitting Nvidia to send small quantities of H200 chips to particular customers in China. Sales remained tiny anyway. Beijing limited the purchases, Chinese demand for the chip waned, and Nvidia took a $400 million charge this year on excess H200 inventory.

The quarterly filing also notes the company has made only "a fraction of the allowed shipments" the licenses permit. Each H200 bound for China clears a U.S. inspection and comes with a 25% tariff the company hasn't been able to pass along to customers.

Chips have finally begun moving, though. ByteDance and Tencent reportedly took the first significant H200 deliveries into mainland China during the summer, roughly 10,000 units apiece.

Even so, Nvidia says that under current rules, it cannot deliver a competitive data center product for broad distribution in China with both governments' approval. Washington's permission by itself reopens nothing.

What could Thursday add?Chip export rules are among the topics investors are tracking this week. But the summit previews focus on AI cooperation and trade, and easing chip restrictions is widely viewed as the harder ask. And after Sunday's preparatory meeting in New York, U.S. Trade Representative Jamieson Greer said export controls on advanced AI chips were not on the agenda for the AI safety talks there.

Suppose something gives anyway. Even a return to Nvidia's last quarter of H20 sales would be modest. It sold $4.6 billion of H20 chips in the first quarter of fiscal 2026 before the license requirement took effect, and it could not ship another $2.5 billion. Combined, that's about $7 billion, or roughly 7% on top of the current forecast.

Premium Feature

Moneyball Superscore

94/100

Today's Change

(

2.30

%) $

5.11

Current Price

$

227.38

The previous share of data center revenue would be worth almost $20 billion a quarter on today's base. Of course, no one should pencil that in. Chinese competitors have had years to fill the gap, Beijing has pushed its tech companies toward domestic chips, and buyers there might not rush back to a vendor their own government has discouraged.

Meanwhile, the stock, near $222 as of this writing, trades at about 14 times fiscal 2028 earnings estimates. Whatever is priced in at that level, I'd say it isn't a reopened China.

Sure, a breakthrough on Thursday could make management's forecast look conservative in a hurry. But nothing has to happen at the summit for the investment case to hold. I'd consider buying Nvidia stock today on the strength of a forecast that assumes nothing from China, and view whatever the summit adds as a bonus.

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

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

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

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

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

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

Read Next

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

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

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

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

Read Next

Image via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Retirement Planning Group LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 16.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,509 shares of the computer hardware maker’s stock after buying an additional 10,465 shares during the period. Retirement Planning Group LLC’s holdings in NVIDIA were worth $14,508,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets In other NVIDIA news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer directly owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This trade represents a 4.36% 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy 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 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,735,658 shares of company stock worth $392,663,865 over the last three months. 3.94% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth Several equities research analysts have recently issued reports on NVDA shares. Zacks Research lowered NVIDIA from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Itau BBA Securities dropped their price target on shares of NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. TD Cowen reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 18th. Phillip Securities upped their target price on NVIDIA from $285.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Finally, Benchmark reiterated a “buy” rating and issued a $335.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $324.34. Check Out Our Latest Research Report on NVDA

NVIDIA Price Performance NASDAQ:NVDA opened at $222.27 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a 50-day moving average of $214.66 and a 200-day moving average of $204.44. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The company has a market capitalization of $5.36 trillion, a price-to-earnings ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. The firm 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%. The company’s quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 earnings per share. As a group, equities research analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. 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 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio is 12.64%.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Nvidia investors have spent years watching GPU demand, hyperscaler spending and competition from custom AI chips.

But one number in the company’s latest filing deserves equal attention: $108.5 billion.

That is Nvidia’s maximum gross exposure to guarantees supporting AI infrastructure, including a $105 billion commitment tied to an OpenAI data-centre project in Ohio.

It is not an immediate cash liability and becomes effective only in stages under specific conditions.

Still, the disclosure marks an important change, as Nvidia is no longer simply selling hardware into the AI boom. It is increasingly using its balance sheet to help ensure the infrastructure behind that demand actually gets built.

The Ohio commitment supports roughly 4.25 gigawatts of IT load at SB Energy’s PORTS-Pike Technology Campus under 20-year leases to OpenAI.

Subject to limited exceptions, the campus will exclusively host Nvidia compute, giving the chipmaker a direct commercial benefit from helping the project secure financing.

The potential payoff is enormous. Nvidia estimates that each generation of infrastructure deployed at PORTS-Pike could represent around 1.5 million GPUs and $150 billion to $200 billion of revenue.

Over a 20-year lease, multiple hardware refresh cycles could follow. The economics could stretch across decades.

Analysts say the financing strategy could strengthen Nvidia’s competitive position by making it easier for customers to deploy its GPUs at scale. In that sense, access to capital becomes another way for Nvidia to deepen customer dependence and widen its moat against rival chipmakers.

That is increasingly part of Nvidia’s competitive strategy. Financial strength can make adopting Nvidia infrastructure easier while raising the barriers for rival chipmakers trying to win the same workloads.

The headline number needs context. Nvidia’s $108.5 billion maximum gross exposure consists of $105 billion linked to SB Energy and OpenAI, plus $3.5 billion of guarantees covering certain AI-cloud partners.

The OpenAI-linked guarantee does not become fully effective at once. Nvidia says obligations increase as nine data centres enter service, beginning around fiscal 2029, then decline as OpenAI makes lease payments.

The guarantee is also triggered only under specified circumstances, including tenant default or insolvency.

That limits the immediate financial impact, but it does not eliminate risk.

Bill Birmingham of REX Financial, quoted by Kiplinger, argued that “the quality of Nvidia’s future revenue has declined” because Nvidia is increasingly supporting the financial structures that create demand for its products.

If the projects succeed, Nvidia could capture extraordinary GPU sales, but if demand weakens or counterparties struggle, the company could face both weaker sales and financial exposure tied to infrastructure it helped support.

Bank of America analyst Vivek Arya takes a less alarmed view. In comments reported by TipRanks, Arya said Nvidia’s “off-balance-sheet risk matters but resists easy valuation,” while maintaining a Buy rating and $350 price target.

BofA argues that Nvidia’s valuation may already discount more vendor-financing risk than the fundamentals justify.

The company still has exceptional financial firepower: second-quarter revenue reached $96.2 billion, up 106% year on year, with Data Center revenue at $89 billion.

Cash, cash equivalents and marketable debt securities stood at $56.6 billion at quarter-end.

Those figures explain why the debate is not about whether Nvidia can currently support the guarantees.

It is about what kind of multiple investors should assign to earnings that are becoming more closely connected to infrastructure Nvidia itself helps finance.

The $108.5 billion figure is neither an automatic red flag nor something to dismiss. The guarantees could secure enormous future GPU sales and deepen Nvidia’s moat.

But they also make the company more financially intertwined with the AI buildout it supplies.

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

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

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

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

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

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

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

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

NVIDIA Company Profile (Get Free Report)

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

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

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

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

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

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

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

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

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

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

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

NVIDIA Company Profile (Free Report)

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

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

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

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

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

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

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

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

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

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

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

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

NVIDIA Company Profile (Free Report)

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

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

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

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

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

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

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

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

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

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

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

Get Our Latest Analysis on NVIDIA

About NVIDIA (Free Report)

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

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

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

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

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

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

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

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

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

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

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

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

watch now

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

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

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

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

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

'Did no harm'Huang took a different position.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

watch now

Jensen Huang is the CEO of Nvidia (NVDA +1.34%), and he frequently speaks about advances in artificial intelligence (AI). He has a knack for simplifying complex ideas, and he doesn't shy away from making bold predictions.

Last year, he projected that global AI infrastructure spending would reach $3 trillion to $4 trillion in 2030. He doubled down on that projection at the Goldman Sachs Communacopia + Technology Conference last week, saying, "I just think we should just take a pause and acknowledge that I was right."

As AI development continues at a rapid pace, Nvidia is poised to benefit, but is there room for the stock to move higher? 

Nvidia is more than a chip company For many years, Nvidia was a relatively obscure company designing chips mostly for the video game industry. Its graphics processing units (GPUs) provide the high-speed parallel processing power that's necessary to render high-level graphics in real time.

Nvidia CEO Jensen Huang. Image source: Nvidia.

Those same attributes make the chips ideal for handling the computationally heavy workloads of artificial intelligence development and inference.

After generative AI was introduced to the world through OpenAI's ChatGPT almost four years ago, Nvidia quickly became a household name, increasing more than tenfold in size to become the most valuable company in the world. Nvidia's revenue has increased more than 1,000% over that time, and it's also become a much more efficient company, with expanding margins.

NVDA Gross Profit Margin (Quarterly) data by YCharts.

In the process, it has become a much different company, and although GPUs are still its core business, it would be a mistake to overlook the other areas in its business.

For starters, rather than selling only chips, it's increasingly selling entire computing systems. Its newest platform is called Vera Rubin, a multirack supercomputer that includes Vera central processing units (CPUs) and Rubin GPUs. Nvidia's hyperscaler clients are already invested in these systems, which creates high barriers to entry for the chipmaker's competitors. It isn't as simple as switching chips.

Nvidia's increasingly investing in other companies, which opens up other revenue streams and increases its profits as these investments grow. Some of its relationships are mutually beneficial: Nvidia provides seed money, and the partner commits to buying Nvidia products. The most well-known example of these relationships is probably the one it has with CoreWeave. Nvidia has invested more than $2 billion into the neocloud, which is buying large quantities of Nvidia chips to power its data centers.

Premium Feature

Moneyball Superscore

94/100

Today's Change

(

1.34

%) $

2.93

Current Price

$

222.27

Nvidia also recently acquired large language model (LLM) platform Hugging Face for $12.9 billion, expanding its operations into new markets.

This all makes it likely that Nvidia will continue to benefit in a big way as AI spending heads toward $4 trillion.

Nvidia is still growing fast It's rare for a company that's already massive to keep growing as rapidly as Nvidia is. Its revenue increased 106% year over year in its fiscal 2027 second quarter (which ended July 26), and management has already issued guidance forecasting 70% growth in its fiscal 2028.

Normally, a performance like that would lead to a huge stock jump. However, that might not happen here. The market already took Huang's 2030 projection into account last year. As Nvidia reaches its goals, some of the expected growth is already built into the price.

Objectively, Nvidia stock isn't expensive, trading at a price-to-earnings (P/E) ratio of 27. Considering its expanding addressable market, dominance in a growing industry, and attractive price, I do think it's still a buy at these levels.

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.

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

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