NVIDIA (NVDA) Update — 8 Oct 2026
Current price: ~$237.47
Today: about -0.75%
Market cap: ~$5.77T
Trend: Still structurally bullish, but short-term volatility is elevated.
NVIDIA recently reported $96.2B quarterly revenue, +106% YoY, with Data Center revenue at $89B, +117% YoY.
A major near-term catalyst is GTC Berlin, Oct. 20–22, where new AI/compute developments could influence NVDA sentiment.
Another bullish development: SpaceX is reportedly considering $40B of financing to buy Nvidia chips, highlighting continued massive AI-compute demand.
My view: 🟢 Bullish long term, but after the recent move to record levels, a pullback/consolidation is possible. Key focus is whether NVDA can hold the $230–235 area; sustained strength above $240 would improve the short-term setup.
[NVIDIA Investor Relations](https://investor.nvidia.com/?utm_source=chatgpt.com)
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Current price: ~$237.47
Today: about -0.75%
Market cap: ~$5.77T
Trend: Still structurally bullish, but short-term volatility is elevated.
NVIDIA recently reported $96.2B quarterly revenue, +106% YoY, with Data Center revenue at $89B, +117% YoY.
A major near-term catalyst is GTC Berlin, Oct. 20–22, where new AI/compute developments could influence NVDA sentiment.
Another bullish development: SpaceX is reportedly considering $40B of financing to buy Nvidia chips, highlighting continued massive AI-compute demand.
My view: 🟢 Bullish long term, but after the recent move to record levels, a pullback/consolidation is possible. Key focus is whether NVDA can hold the $230–235 area; sustained strength above $240 would improve the short-term setup.
[NVIDIA Investor Relations](https://investor.nvidia.com/?utm_source=chatgpt.com)
please like share and follow