Today: 9 November 2025
Subscribe
Nvidia’s $5 Trillion Milestone: AI Boom Propels NVDA Stock to New Heights
 ·  ·  ·  ·  · 

NVDA Stock Before the Bell (Nov 10, 2025): China Curbs, TSMC Supply, New AI Cloud Deals, and Earnings Countdown

by
9 November 2025

NVIDIA (NASDAQ: NVDA) opens the new week after a volatile stretch for AI-linked shares, with fresh U.S.–China restrictions in focus, CEO commentary on supply and demand, and a firm earnings date just ahead. Here are the key things to know before the U.S. market opens on Monday, 10 November 2025.

Last close and recent tape action
• NVDA finished Friday, Nov 7, at $188.15 after a choppy week for mega-cap tech and semis. Sector-wide risk-off into the weekend left AI bellwethers collectively softer. [1]

  1. Policy risk: No Blackwell sales to China—and scaled‑down chips reportedly next
    • The White House said on Nov 4 that Nvidia’s most advanced Blackwell chips cannot be sold to China, reinforcing the administration’s national-security stance. [2]
    • On Nov 7, Reuters reported the U.S. is also moving to block sales of scaled‑back AI chips to China (previously a workaround for H100/H200 curbs), heightening near‑term demand uncertainty from that market. [3]
    • CEO Jensen Huang added on Nov 7 that there are “no active discussions” to sell Blackwell into China and that the company is “not planning to ship anything to China,” removing near‑term upside from that channel. [4]
  2. Demand and supply: “Very strong” Blackwell demand; more TSMC wafers
    • Over the weekend in Taiwan, Huang said demand for Nvidia’s Blackwell platform remains “very strong” and that he’s asked TSMC for more wafers—an important tell on 2026 capacity planning and shipment cadence. [5]
    • The comments dovetail with recent volatility: investors have wrestled with how China restrictions and any rack‑level bottlenecks balance against continued hyperscaler and enterprise AI build‑outs. [6]
  3. Customer pipeline and partnerships: European “industrial AI cloud” and hyperscaler capacity grabs
    • Deutsche Telekom and Nvidia announced a €1B “Industrial AI Cloud” in Munich slated to go live in Q1 2026—evidence of sovereign/enterprise AI demand beyond U.S. hyperscalers. [7]
    • Microsoft signed a $9.7B agreement with data‑center operator IREN to secure future Nvidia AI capacity (GB300‑class), underscoring how buyers are locking in supply amid tight markets. [8]
    • CoreWeave and VAST Data expanded a $1.17B infrastructure deal—part of the broader ecosystem investment wave that ultimately pulls through accelerators, networking and AI storage. [9]
  4. Earnings watch: Q3 FY26 next week—what the street will probe
    • Nvidia’s next report is confirmed for Wednesday, Nov 19 (after market), with the company set to discuss the October quarter (fiscal Q3 FY26) and provide color on the Blackwell ramp, supply chain, and China impacts. [10]
    • In August, Nvidia guided Q3 revenue to about $54B (±2%). While growth remains extraordinary, investors will be laser‑focused on how guidance and backlog evolve against export rules and alternative chip ecosystems. [11]
  5. Macro and positioning: AI wobble vs. multi‑trillion backdrop
    • After touching a record ~$5T market value in late October, Nvidia and AI peers saw profit‑taking last week as sentiment cooled. The AI trade remains a major market driver, but leadership has become more selective. [12]
    • Valuation context: recent analysis pegs NVDA around the low‑30s on forward P/E, a reminder that multiples have eased as earnings swelled—yet they remain sensitive to any growth‑rate deceleration. [13]

What could move NVDA at today’s open (Nov 10, 2025)
• Any overnight headlines on U.S.–China chip policy or additional commentary from Nvidia management during Huang’s Asia trip. [14]
• Fresh read‑throughs from hyperscaler capex and third‑party cloud capacity announcements (Microsoft/IREN and CoreWeave/VAST Data). [15]
• Tape‑wide risk tone: last week’s AI/tech pullback means the opening bid may be guided by macro flows as much as stock‑specific catalysts. [16]

Key dates and details
• Monday, Nov 10: U.S. equity markets open as normal (Veterans Day on Tuesday does not close equities; U.S. bonds will be shut). [17]
• Wednesday, Nov 19 (after market): NVDA Q3 FY26 results and webcast (2:00 p.m. PT). Watch for update on Blackwell shipments, HBM memory supply, China exposure, and data‑center networking mix. [18]

Bottom line
Heading into the Nov 10 open, NVDA’s near‑term setup is a tug‑of‑war: policy headlines and China restrictions versus strong Blackwell demand, ongoing capacity adds through TSMC, and new AI infrastructure deals in the U.S. and Europe. With earnings nine days away, expect the stock to trade on incremental supply signals and macro risk appetite while investors position for guidance quality and any updates on China‑related revenue pathways. [19]

Disclosure: This article is for information only and is not investment advice. Always do your own research.

GET IN EARLY! Top 3 AI Stocks that are Better Than Nvidia
Watch this video on YouTube.

References

1. www.nasdaq.com, 2. www.reuters.com, 3. www.reuters.com, 4. www.reuters.com, 5. www.reuters.com, 6. www.reuters.com, 7. www.reuters.com, 8. www.reuters.com, 9. www.reuters.com, 10. investor.nvidia.com, 11. www.reuters.com, 12. www.reuters.com, 13. www.reuters.com, 14. www.reuters.com, 15. www.reuters.com, 16. www.reuters.com, 17. www.nyse.com, 18. investor.nvidia.com, 19. www.reuters.com

Tags:

Marcin Frąckiewicz Latest posts

CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.

  1. AVGO Stock: What to Know Before the Bell on November 10, 2025
  2. Meta (META) Stock — What to Know Before the Bell on November 10, 2025
  3. NJ Stock: What to Know Before the Bell on November 10, 2025 (Fresh FDA Wins, Dividend Date, and Legal Overhang)
  4. BRK.A Stock Before the Bell (Nov 10, 2025): Record $381.7B Cash, OxyChem Deal Nears, PacifiCorp Risks, and Key Catalysts This Week

Stock Market Today

  • COLA:CA Coca-Cola CDR CAD Hedged - AI Signals and Trading Plans
    November 9, 2025, 11:32 AM EST. COLA:CA stock analysis presents a long idea near 23.82 with a target of 25.12 and a stop at 23.70, plus a short setup near 25.12 with a target of 23.82 and a stop at 25.25. Updated AI-generated signals for Coca-Cola CDR (CAD Hedged) are timestamped for current data. AI ratings show Near-term Strong, Mid-term Neutral, Long-term Neutral. A chart for COLA:CA is included for reference.
  • Updated AI-Generated Signals for AI:CA Atrium Mortgage Investment Corporation - Trading Plans & Ratings
    November 9, 2025, 11:18 AM EST. Updated AI-Generated Signals for AI:CA Atrium Mortgage Investment Corporation are now available. The latest plan combines a Long-side entry near 11.13 with a target of 11.54 and a stop at 11.07, alongside a Short setup near 11.54 with a target back to 11.13 and a stop at 11.60. AI:CA ratings show a mixed horizon: Near and Mid ratings are Neutral, while the Long horizon is Strong. The update highlights the role of AI-Generated Signals in timing entries and managing risk for this AI:CA equity proxy, reflecting price action patterns on the chart. Traders should monitor the timestamped release to confirm the signal refresh and consider current liquidity and market context before acting.
  • BGC Group (NASDAQ:BGC) Declares $0.02 Dividend; EPS Growth Supports Sustainability
    November 9, 2025, 10:54 AM EST. BGC Group, Inc. (NASDAQ:BGC) announced a dividend of $0.02 per share to be paid on December 10. The resulting yield is about 0.9%, modest versus peers. The company has been retaining earnings to fund growth, with EPS expected to rise about 37% over the next year. The payout ratio is projected around 14%, a level many investors consider sustainable despite a history of dividend cuts; the last decade shows a decline from $0.48 annual to $0.08. Still, management's earnings growth and cash flow underpin a cautious view that the dividend could be maintained or raised in coming years. Investors should weigh the dividend history and potential risks as part of a broader strategy.
  • Tradeweb Markets (TW): Is the Current Valuation an Opportunity After Recent Modest Stock Movement?
    November 9, 2025, 10:52 AM EST. Tradeweb Markets (TW) has edged higher by about 2% over the past week, but remains in a rarified zone after a 19% drop in three months and a -17% total return in the last year. The story centers on whether the stock is an undervalued opportunity at a recent close of $109.11 given a Fair Value of $131.87. The consensus narrative highlights that Tradeweb's fundamentals look strong, aided by the shift to electronic trading in fixed income and derivatives and expanding use of AiEX and Portfolio Trading, which could drive sustained revenue growth. However, risks include continued reliance on voice trading in volatile markets and fee pressure. The stock trades at 37x P/E, well above the industry average of 24.4x and the company's own 16.7x fair multiple, implying premium valuation if growth doesn't materialize.
  • nVent Electric (NVT) Valuation Post-Rally: Is the Stock Overvalued at $111?
    November 9, 2025, 10:50 AM EST. nVent Electric has rallied ~16% in a month and ~25% over 3 months, prompting a valuation check. With a fair value of $105.84, the stock trades just above at $111.03, signaling mild overvaluation in the eyes of consensus analysts. The story highlights a surge in demand from AI-driven data centers, accelerating electrification and infrastructure spend, plus a backlog more than four times year-ago levels and visibility into 2026. While the narrative points to potential multi-year topline outperformance, risks include execution of recent acquisitions and sensitivity to data-center cycles. Readers are encouraged to review the full narrative to understand the assumptions behind the premium and to form their own view on whether current prices reflect the growth potential.
Microsoft (MSFT) Stock Update & Insight Report – 2 Oct 2025
Previous Story

MSFT Before the Bell (Nov 10, 2025): OpenAI–AWS shockwave, Azure outlook, $9.7B IREN chips pact, dividend date, and week‑ahead catalysts

Visa (V) Stock Poised for a Surge? Crypto Pilot and Travel Deals Fuel Optimism
Next Story

Visa (V) Stock: What to Know Before the Market Opens on November 10, 2025

Related Articles

Go toTop