Nvidia’s share price rose over 1% on Tuesday, closing at $181.77 on August 26, ahead of its quarterly earnings announcement. Investors are closely watching to see if the AI leader meets its strong performance expectations, which could influence the broader US tech market.
As the world’s most valuable company, Nvidia holds a $4.4 trillion market cap, accounting for 8% of the S&P 500—an unprecedented single-stock share. The company’s market value is twice that of Germany’s DAX index. Nvidia’s stock has climbed over 38% in the past six months and 35% year-to-date, significantly outperforming the S&P 500’s nearly 10% gain. Over the past year, Nvidia shares have surged 44%, delivering a massive 1,282% return over five years.
For Q2 ending July 2025, Nvidia is projected to post a 53.2% revenue increase to $46.02 billion. Q3 revenue is forecast at $52.96 billion, a 51% YoY rise. However, gross margins are expected to decline slightly.
Attention also turns to Nvidia’s China business, following new US licensing agreements and Beijing’s resistance to US-made chips. Analysts estimate a minor margin hit due to Chinese sales under the revised export framework.
