Loading chart data...
Nvidia shares remained roughly flat to end the week, trading in a tight range as investors digested news from the previous evening regarding the company's decision to scale back its guarantee for a massive 10-gigawatt OpenAI data center project. This development, which involves the chipmaker initially backstopping only half of the planned facility, arrived alongside reports that the company held a 21 billion dollar stake in SpaceX at the end of the second quarter. Despite the cooling of the OpenAI project, market sentiment remains supported by recent analyst commentary from UBS, which anticipates that the company could exceed its fiscal second-quarter revenue guidance when it reports earnings later this month. The stock continues to benefit from a broader ecosystem of infrastructure demand, including recent multi-year commitments from Japanese industrial giants and ongoing capacity agreements with cloud providers.
That explains the day. Whether NVDA is a business worth owning is a longer question. Koyfin has the ten-year financials, margin history and valuation to answer it — 20% off for WhyTheMove readers.
No significant catalyst events detected.
NVDA moved for a reason you can read above. What the company earns, owns and guides to is a separate record. Koyfin is where the question moves from today's move to the business behind it — analyst estimates, filings and earnings transcripts.
Research NVDA in Koyfin →7-day full-access trial · 20% off paid plans