NVDA — NVIDIA Corporation - Common Stock
Session close: $181.60. Regular-session share volume: 258,428,061. Change from previous close: -9.26%.
Key developments
Jim Cramer argued the company should deploy its large authorized buyback while shares are depressed, and analysts maintain a Buy consensus with a price target well above current levels. Third-quarter results are due shortly, with estimates calling for sharply higher revenue and earnings versus a year earlier.
Company news Jim Cramer Says Nvidia Should Buy Shares on Thursday’s 8% Drop: ‘If the Cheapest Asset is Your Stock, You Should Buy It’ · Company news Nvidia Stock Is Now Cheaper Than a Toilet-Paper Company, Data Shows
Sector context: chip and data-center names broadly sold off as analysts debated whether the AI pullback is an overreaction or has further to run.
Market context — Mentions NVDA in the article text. AMD CEO Lisa Su Calls This Market Moment ‘Short-Sighted’ on AI Spending · Market context — Mentions NVDA in the article text. SanDisk Leads Memory Stocks Lower: A Look Inside the Rout · Market context — Mentions NVDA in the article text. From Micron to AMD, AI Stocks Crater — And Citi Just Flagged an 'Exponential' New Threat to Data Centers
News sources
Company news 'NVIDIA Has Approached Apollo About Creating A Network Of Small AI Data Centers Potentially Spanning 20 States Across The U.S.' - The Information · Company news 'NVIDIA Explores Retrofitting Old Telecom Buildings For AI Data Centers' - The Information · Company news Nvidia Stock Is Now Cheaper Than a Toilet-Paper Company, Data Shows · Company news NVIDIA Faces Logistics and Regulatory Challenges for H200 Chips in China · Company news Jim Cramer Says Nvidia Should Buy Shares on Thursday’s 8% Drop: ‘If the Cheapest Asset is Your Stock, You Should Buy It’ · Market context — Mentions NVDA in the article text. AMD CEO Lisa Su Calls This Market Moment ‘Short-Sighted’ on AI Spending · Market context — Mentions NVDA in the article text. SanDisk Leads Memory Stocks Lower: A Look Inside the Rout · Market context — Mentions NVDA in the article text. From Micron to AMD, AI Stocks Crater — And Citi Just Flagged an 'Exponential' New Threat to Data Centers