New York, January 27, 2026, 09:29 (EST) — Premarket
- Nvidia shares ticked higher by about 0.4% in premarket, after closing at $186.47 in the last session
- CoreWeave landed a $2 billion investment, as fresh moves in supply chains kept the spotlight on AI infrastructure
- All eyes are on Wednesday’s Fed decision, with Nvidia’s earnings due Feb. 25 also in the spotlight
Nvidia shares edged up 0.4% in premarket trading Tuesday, holding at $187.23 ahead of the open. The stock finished Monday at $186.47. (Google)
The stage is crowded: a Federal Reserve announcement due Wednesday, plus a wave of mega-cap earnings that could shake the “AI trade” if guidance disappoints. “Communications and technology sectors are holding up well today ahead of earnings from many big firms,” said Chris Zaccarelli, chief investment officer at Northlight Asset Management. (Reuters)
Nvidia’s stock has become a key gauge of whether big bets on data centers and AI chips are paying off with actual orders, not just hype. The moves are also tied to interest rates, since growth stocks tend to react to shifts in bond market forecasts.
On Monday, Nvidia boosted its stake in cloud infrastructure provider CoreWeave with a $2 billion investment at $87.20 per share. That’s roughly 23 million shares, nearly doubling Nvidia’s holding, according to Reuters’ calculations based on LSEG data. CoreWeave, a “neocloud” that rents out AI computing hardware and capacity, said the capital will go toward land, power, and other expansion expenses—not buying Nvidia processors. CEO Michael Intrator called Nvidia “the leading and most requested computing platform” among its clients. (Reuters)
Samsung Electronics plans to start production of its next-gen high-bandwidth memory chips, HBM4, next month, aiming to supply Nvidia, a source told Reuters. This stacked memory tech, positioned close to AI processors for faster data transfer, remains a hot topic. Investors will be watching closely as Samsung and SK Hynix report quarterly earnings Thursday, eager for any news on HBM4 orders. (Reuters)
Competition stays intense. On Monday, Microsoft unveiled its second-generation Maia 200 AI chip and said it will offer software tools such as Triton, an open-source programmer aimed at workloads usually managed by Nvidia’s CUDA — the software stack many analysts see as Nvidia’s edge. (Reuters)
Nvidia is pushing beyond its chip business. The company unveiled three open-source AI models aimed at accelerating weather forecasting. This aligns with its broader push into open-source software. Nvidia is also focusing on sectors like insurance with these new tools. “The tension is gone, because once trained, AI is 1,000 times faster,” said Mike Pritchard, Nvidia’s director of climate simulation research. He noted insurers can now run much larger “ensembles” — sets of forecasts to cover a wide range of scenarios and outliers. (Reuters)
ASML plans to announce its earnings Wednesday, with investors watching closely for any upward revision to its 2026 sales outlook as supply constraints hit advanced processors. John West of consultancy Yole Group described ASML’s extreme ultraviolet lithography tools as “the only game in town” for making the latest chips. (Reuters)
Risks remain. Nvidia’s reliance on its customers raises fresh worries about “circular financing.” Investors are on alert for signs that cloud giants developing their own chips could chip away at Nvidia’s lead. A hawkish Fed or weaker guidance from big tech could send the stock tumbling.
All eyes turn to the Fed’s statement Wednesday before traders sift through AI spending hints from tech earnings and calls. Then on Thursday, memory heavyweights Samsung and SK Hynix could shed light on momentum—or setbacks—in the HBM supply chain.
Nvidia plans to release its fourth-quarter fiscal 2026 earnings on Feb. 25. (Nvidia)
