NVIDIA Corporation Overview
NVIDIA Corporation is a world leader in designing, developing, and marketing programmable graphics processors and associated software. The company’s net sales are primarily generated from two product families: computing and networking solutions (77.8%) and graphics processors (22.2%). Their products cater to various industries, including data storage, gaming, professional visualization, and automotive sectors.
Recent Financial Updates
As of May 29, 2025, NVIDIA Corporation’s stock was reported at $139.19 USD with a 3.25% increase. The company’s after-hours stock price was at $137.86 with a -0.96% change. Recent news indicates that Chinese tech companies are preparing for an AI future without NVIDIA, according to a report by the Financial Times.
Key Developments
- Dell raised its annual profit forecast due to strong demand for AI servers.
- NVIDIA, along with Dell, is set to supply the next US Department of Energy supercomputer.
- The company announced upcoming events for the financial community.
- NVIDIA’s Q1 2026 Earnings Call was held on May 28, 2025, showing positive results.
Analyst Insights
Analysts have provided various insights following NVIDIA’s earnings report. Some notable points include:
- NVIDIA’s Blackwell chip is considered stronger than the restrictions imposed.
- The company is preparing a lighter Blackwell chip for China in response to US restrictions.
- The overall AI sector is seen as benefiting from NVIDIA’s performance.
Stock Performance
NVIDIA’s stock has shown significant movement, with a recent jump following a blockbuster earnings report. The consensus among analysts is to ‘BUY’ with an average target price of $169.07 USD, representing a +21.47% spread from the last close price.
Market Trends
The tech sector has shown mixed trends, with NVIDIA’s gains being offset by fears of tariffs. The overall market has seen equities rise as judicial developments around tariffs take center stage.
