Overview
- Nvidia traded around $203 in regular session and rose to roughly $205.50 in premarket trading on Monday after a recent pullback from its highs.
- The company posted a blowout quarter with $1.87 in EPS on $81.61 billion of revenue and its board approved an $80 billion share buyback while raising the quarterly dividend.
- Alphabet’s quarterly results, due Wednesday, are viewed as the first major customer read that could confirm whether hyperscalers will sustain large purchases of Nvidia accelerators.
- Analysts are split on the outlook because of execution risks such as possible delays in the Vera Rubin chip ramp, heavy reliance on TSMC manufacturing, export limits for China, and rising inference competition from startups like Etched.
- Elevated insider sales and institutional trimming plus wide-ranging price targets from roughly $258 to $330 mean Nvidia’s near-term stock path will hinge on customer demand signals and whether hyperscalers invest in third‑party chips or build their own.