NEW YORK, May 31, 2026, 07:45 (EDT)
- Nvidia closed at $211.14 on Friday, falling 1.45%. Shares slipped about 1.9% for the week.
- Nvidia and Microsoft are set to launch the first Windows PCs running Nvidia chips as their main processor next week, Reuters said.
- Nvidia just reported record revenue for the quarter and delivered a forecast that topped expectations, so traders say there isn’t much space for any disappointment now.
Nvidia is in focus this week as investors look to see if its move into Windows PCs will give its stock a new lift. The company is coming off a rocky period since its last earnings.
U.S. markets are shut for the weekend, leaving traders to look back at last week and ahead to what’s next. The stock dropped while the main indexes held up, showing Nvidia’s big numbers didn’t get past the high bar investors set for the top AI chip player.
Nvidia and Microsoft are set to announce the first Windows PCs powered primarily by Nvidia CPUs next week at Computex in Taiwan and Microsoft’s Build event in San Francisco, according to a Reuters story on Saturday. Reuters, citing Axios, said Surface models and PCs from other brands like Dell are likely to be shown.
Nvidia could push further into a segment where Intel and AMD have dominated. Qualcomm, for its part, already sells Arm-based CPUs for Windows laptops—chips based on a design popular in phones and gaining ground in laptops.
Nvidia (NVDA) ended Friday at $211.14, down 1.45%. The stock had reached $217.86 earlier in the day. For the week, Nvidia fell about 1.9% from last Friday’s close. That came as the Nasdaq Composite gained 2.4%, and the S&P 500 counted its ninth week of gains.
Nvidia shares fell after the company posted record fiscal Q1 revenue at $81.6 billion, up 85% from the prior year, with $75.2 billion from data center sales. Nvidia is guiding for Q2 revenue of $91 billion, plus or minus 2%, and said it will add $80 billion to its buyback program, planning to repurchase more shares.
Nvidia CEO Jensen Huang said the push to set up “AI factories,” or data centers for building and running artificial intelligence, is the “largest infrastructure expansion in human history.” He told analysts on the earnings call that “Demand has gone parabolic.” NVIDIA Investor Relations
Bank of America analyst Vivek Arya called Nvidia’s report a “solid beat-and-raise.” Nvidia beat estimates and gave higher guidance. Arya lifted his price target to $350 from $320, TheStreet said, and warned about the typical volatility after the call. TheStreet
Supply chain scale remains central here. Nvidia CEO Huang told an audience in Taipei last week that the company’s annual spending in Taiwan is “going to 150 billion dollars,” calling the country the “epicentre” of the AI revolution. According to Reuters, Nvidia plans to open a Taiwan headquarters that will have 4,000 staff and start operations in 2030. Reuters
Nvidia isn’t calling it a one-way bet. The company’s second-quarter forecast factors in zero data-center compute sales from China, and its filing listed three direct customers making up 21%, 17%, and 16% of total first-quarter revenue. If any big customer steps back, or if export rules get tighter or new system launches slip, shares set up for precise delivery could see a fast reaction.
Nvidia faces a busy week. There’s the Windows PC reveal expected, CEO Jensen Huang’s Computex keynote set for June 1, and Nvidia’s spot at Bank of America’s Global Technology Conference on June 4. Investors are watching to see if Nvidia can spark new buying with a fresh product angle, instead of only supporting what’s already baked into the share price.
