SANTA CLARA, California, September 2, 2026, 11:35 EDT — Nvidia’s stock advanced 4.01% to $226.17 as of 11:34:36 EDT, with regular session trading volume hitting 65.9 million shares.
- Nvidia climbed $8.73 since Tuesday’s close, hitting an intraday peak at $227.00.
- MediaTek’s $3.5 billion bond investment represents 13.5% of Nvidia’s shareholder returns for the second quarter.
- Management anticipates third-quarter revenue of $108 billion with a gross margin of 74%.
NVIDIA Corporation NASDAQ:NVDA gained more than other major chipmakers as investors renewed interest in AI assets. The stock’s rise offset Tuesday’s 1.5% drop.
The rise came after Nvidia made a fresh $3.5 billion investment in MediaTek’s convertible bonds. The amount is relatively small compared to Nvidia’s capacity for cash returns and the strength of its balance sheet.
Nvidia intraday: steady climb after the open
Regular-session price in U.S. dollars. As of .
Source: Yahoo Finance five-minute regular-session data. Values are a fixed snapshot, not a live feed.
Advanced Micro Devices NASDAQ:AMD slipped 0.08% at the same time. Broadcom NASDAQ:AVGO rose 0.27%, and Marvell Technology NASDAQ:MRVL declined 1.81%.
Markets showed a mixed performance, with the Nasdaq Composite slipping 0.1% as investors assessed disappointing hiring numbers and crude oil trading close to $90 Associated Press.
Nvidia’s newest earnings remain central to its valuation story. Second-quarter fiscal revenue surged to $96.2 billion, twice the previous amount, as data-center revenue hit $89.0 billion Nvidia results.
The earnings engine behind the share move
Source: Nvidia fiscal Q2 2027 results, issued August 26, 2026. Percentages may reflect rounding.
The management projects a third-quarter midpoint of $108 billion, indicating a 12.2% rise from the previous quarter. However, their gross-margin outlook drops to 74%, which is one percentage point lower than the most recent quarter.
Nvidia CEO Jensen Huang stated, “Now, compute is revenue.” The company does not anticipate any data-center compute sales to China in its present forecast.
The MediaTek deal expands the platform strategy further. MediaTek Inc. TPE:2454 plans to adopt NVLink Fusion in custom AI chips and advance collaboration in both PCs and automotive sectors company announcement.
The MediaTek bet in Nvidia’s capital stack
Billions of U.S. dollars; bars share a common scale.
Sources: Nvidia–MediaTek announcement and Nvidia fiscal Q2 results.
Nvidia handed back $26 billion to shareholders in the previous quarter. The MediaTek investment represents 13.5% of that figure and accounts for 3.5% of its outstanding $99 billion buyback authorization.
Risks: Higher memory expenses may put additional pressure on margins. Restrictions in China, customer financing matters and significant investments in the broader ecosystem could also increase risks tied to execution and capital allocation.
Nvidia’s next shareholder date is September 10, marking the record date for its $0.25 quarterly dividend. The bigger test will be meeting the $108 billion revenue guidance.
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