Nvidia stock has gained 12% in the past five trading sessions and its coming earnings might provider a further boost.
Nvidia is quietly building a new AI safety and security engineering team. The move aligns with its growing push for open-weight AI models.
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Nvidia Corporation remains a Strong Buy as Q2 is poised for significant top-line acceleration and robust gross margin expansion, supported by AI-driven demand. Consensus expects Q2 revenue of $91.85 billion (96.49% YoY growth) and EPS of $2.08 (98.38% YoY), but a positive surprise is likely. Networking revenues are set to outpace compute driven by market share gains and new technologies like Spectrum-6.
Nvidia shares are getting a lift after some encouraging comments from SpaceX and Tesla CEO Elon Musk.
Nvidia Corporation is upgraded from Hold to Buy as valuation now better reflects its robust, expanding AI platform and diversified growth drivers. NVDA's moat is deepening, with networking, software, and enterprise AI forming a reinforcing ecosystem that increases customer dependence and switching costs. Enterprise and sovereign AI, along with networking, are accelerating faster than hyperscale, making future earnings more sustainable and less reliant on a few hyperscalers.
SpaceX's exclusive use of NVIDIA systems on Earth and in orbit expands its industrial AI reach and supports long-term growth.
Nvidia's stock was bucking chip-sector weakness on Wednesday as it headed for its fifth session in a row of gains.
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) just posted the loudest quarter of the AI cycle.
Nvidia stock (NVDA) rose sharply on Wednesday after Elon Musk said SpaceX would build its artificial intelligence infrastructure exclusively around Nvidia's processors. The stock climbed 4.6% to about $221 in early trading.
Nvidia (NVDA) shares rose in premarket trading on Wednesday after Elon Musk revealed during SpaceX's earnings call that the company would build its future artificial intelligence infrastructure exclusively with Nvidia. Nvidia stock gained about 2% ahead of the opening bell, even as several semiconductor peers traded lower.
Elon Musk used SpaceX‘s (NASDAQ:SPCX | SPCX Price Prediction) first-ever public earnings call on August 4, 2026 to commit that the company will build its AI computing platform exclusively on NVIDIA‘s (NASDAQ:NVDA) Vera Rubin architecture, and floated a tentative target of 20 gigawatts of power and cooling capacity online by the end of 2027.