- Price
- $229.28 → $214.13(−6.6%)
- Discount
- 26.0% → 30.9%(+4.9 pts)
- LSEG rating
- 1.71 → 1.68(−0.03)
- Recent events
- 2026-10-02: The Financial Times reported that Amazon is in talks to move about $8 billion of Nvidia Grace Blackwell chips into a separate company that borrows money, and to lease the chips back. These are talks only, and neither company made a comment.
2026-09-28: Nvidia raised its share repurchase authorization by $150 billion. The total remaining authorization is now $235 billion, to be used through fiscal 2028.
2026-09-09: The New York Times reported that the US Department of Justice is looking into whether Nvidia structured its license deal with AI chip startup Groq to avoid antitrust review. Reports put the deal at about $17 billion to $20 billion. The deal gave Nvidia a non-exclusive license to Groq's chip technology, and Nvidia hired Groq staff, including founder Jonathan Ross. The Department of Justice did not confirm the inquiry.
2026-09-03: Nvidia agreed to buy AI model platform Hugging Face for about $11.9 billion, plus up to $1.0 billion of retention awards for staff. Nvidia expects the deal to close in the first half of 2027, after regulatory approvals.
2026-08-31: Nvidia agreed to invest $3.5 billion in MediaTek, through most of a $3.9 billion convertible bond offering by MediaTek. MediaTek will let its customers use Nvidia's NVLink Fusion technology to design custom AI chips that connect to Nvidia systems. CEO Jensen Huang said that the deal is "not circular," but some analysts question this claim.
2026-08-26: Nvidia reported Q2 fiscal 2027 results. Revenue was $96.2 billion, up 106% from last year. Data center revenue was $89.0 billion, up 117% from last year. Gross margin was 75.0%.
2026-08-26: Nvidia guided Q3 fiscal 2027 revenue to $108.0 billion, plus or minus 2%, and gross margin to about 74%. On the earnings call, the finance chief said that higher memory costs will make the gross margin lowest in Q4, at 71% to 72%, and that it will then be 72% to 73% in fiscal 2028. The outlook includes no data center revenue from China.
2026-08-26: Nvidia said that it started production shipments of the Vera Rubin platform in August 2026. It expects Vera Rubin to be about 20% of data center revenue in Q3 fiscal 2027.
2026-08-17: Nvidia agreed to guarantee part of the lease and power payments for an OpenAI data center campus in Pike County, Ohio, of about 4.25 gigawatts. The guarantees go to the landlord, SB Energy, are capped at $105 billion, and start with the first lease phase in fiscal 2029. OpenAI must pay Nvidia back for any amount Nvidia pays.
2025-09-22: Nvidia and OpenAI signed a letter of intent. Nvidia will invest up to $100 billion in OpenAI, step by step, as OpenAI deploys at least 10 gigawatts of Nvidia systems.