NVIDIA (NVDA) Update — 29 Sept 2026
Latest price: about $228.86, up 1.68% on the latest regular session.
Major catalyst: NVIDIA increased its share-buyback authorization by $150 billion, taking the remaining authorization to $235 billion.
Business momentum remains strong: Q2 FY2027 revenue was $96.2B (+106% YoY), with Data Center revenue at $89.0B (+117%).
AI outlook: NVIDIA says its Vera Rubin platform is now in full production, while demand for AI infrastructure continues to accelerate.
Near-term risk: U.S. Treasury yields and geopolitical/oil-price uncertainty are putting pressure on the broader tech market. Reuters reported NVDA was around +0.7% premarket today.
Key levels to watch:
$236–237 → important recent high/resistance area.
$228–230 → current zone.
A sustained move above $236 could put the stock into price-discovery territory; weakness below $228 would make the next support areas important.
Overall: NVIDIA's latest company news is supportive, but the stock is still sensitive to high valuations, interest rates and the broader AI/semiconductor trade.
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Latest price: about $228.86, up 1.68% on the latest regular session.
Major catalyst: NVIDIA increased its share-buyback authorization by $150 billion, taking the remaining authorization to $235 billion.
Business momentum remains strong: Q2 FY2027 revenue was $96.2B (+106% YoY), with Data Center revenue at $89.0B (+117%).
AI outlook: NVIDIA says its Vera Rubin platform is now in full production, while demand for AI infrastructure continues to accelerate.
Near-term risk: U.S. Treasury yields and geopolitical/oil-price uncertainty are putting pressure on the broader tech market. Reuters reported NVDA was around +0.7% premarket today.
Key levels to watch:
$236–237 → important recent high/resistance area.
$228–230 → current zone.
A sustained move above $236 could put the stock into price-discovery territory; weakness below $228 would make the next support areas important.
Overall: NVIDIA's latest company news is supportive, but the stock is still sensitive to high valuations, interest rates and the broader AI/semiconductor trade.
please like share and follow