Published: November 13, 2025
Nvidia shares eased in after‑hours trading on Thursday as investors digested lingering fallout from SoftBank’s divestment, fresh scrutiny around access to the company’s top AI chips in China, and a busy run‑up to next week’s earnings. [1]
Nvidia stock today
- After‑hours move: As of 8:00 p.m. ET on Nov 13, NVDA traded at $191.98, ‑0.94% from the most recent regular‑session close of $193.80. [2]
- Context from the last two sessions: Tuesday and Wednesday trading were dominated by news that SoftBank sold its entire Nvidia stake (~$5.83B), a move that pressured megacap AI names across the market and continues to color sentiment heading into earnings. [3]
The biggest NVDA headlines today (Nov 13)
- Export‑risk spotlight: The Wall Street Journal reported that a Chinese AI firm obtained access to Nvidia’s top chips despite U.S. rules, intensifying debate over enforcement and future restrictions—an overhang investors are watching closely. [4]
- Pre‑earnings debate heats up: A fresh analysis from The Motley Fool argues the “pieces are in place” for Nvidia to disappoint Wall Street on Nov 19, highlighting lofty expectations and potential guidance risk. [5]
- Earnings expectations crystallize: Multiple previews today reiterated that Nvidia reports Q3 FY26 on Wednesday, Nov 19; current estimates cluster around $54.6B–$56.2B in revenue and roughly $1.23–$1.29 EPS (varies by source). Nvidia’s IR site lists the results webcast at 2:00 p.m. PT. [6]
- Flows & filings on the tape: New 13F updates posted today showed mixed positioning among smaller managers—some trimming and others adding to NVDA—illustrating a two‑way market ahead of earnings. [7]
What’s moving the stock
- SoftBank’s exit still reverberates: While the sale hit earlier in the week, follow‑on coverage and investor discussions today kept focus on whether a marquee holder stepping away signals late‑cycle AI exuberance—or simply capital redeployment. [8]
- Policy & compliance risk in focus: The WSJ’s report about chip access in China landed the same day investors continued to parse recent U.S. signals restricting Nvidia’s scaled‑down data‑center parts for China—raising uncertainty about how policy could shift unit mix and guidance. [9]
- Project rumor control: Nvidia denied speculation of a $1B data‑center investment in Mexico—a reminder of how quickly infrastructure headlines can swing sentiment around capacity and capex. [10]
- AI demand narrative intact: Adjacent headlines this week—like Microsoft switching on an “AI superfactory” powered by hundreds of thousands of Nvidia GPUs—helped reinforce the secular demand story even as near‑term positioning looks cautious. [11]
Street’s setup for Nov 19
- Consensus & ranges: Recent previews put revenue around the mid‑$50 billions with EPS in the low‑$1s (split‑adjusted), but the spread of estimates is wide. UBS, for example, is looking for $56.2B / $1.29, while other outlets cite ~$54.6B / $1.23. That gap leaves room for volatility on both the print and guide. [12]
- Key questions for the call:
- Supply and product mix: Update on Blackwell and any near‑term HBM or networking constraints that could shape delivery timing and margins.
- Geography & compliance: How evolving U.S.–China rules are reflected in guidance and in any redesigned, compliant SKUs. [13]
- Customer build‑outs: Progress with hyperscalers, sovereign AI, and major partners building GPU clouds and AI factories. [14]
- Event details:Q3 FY26 results webcast is scheduled for Wednesday, Nov 19 at 2:00 p.m. PT on Nvidia’s IR site. [15]
How to read today’s price action
With NVDA down modestly after hours, today’s tape suggests position‑trimming and headline sensitivity more than a change in the long‑term story. The SoftBank exit narrative, China‑policy chatter, and a lively bull–bear debate on guidance are keeping traders defensive into the print. For longer‑horizon investors, secular demand signals—e.g., hyperscaler and enterprise AI deployments—remain supportive, but expectations are high, raising the bar for both the quarter and the outlook. [16]
NVDA: What to watch next
- Nov 19 earnings & guidance (revenue/EPS, gross margin, supply outlook). [17]
- Export‑control developments and any regulator commentary that could affect future shipments or product roadmaps. [18]
- Large‑customer commentary (hyperscalers, sovereigns, and AI cloud specialists) on GPU orders and deployment timelines. [19]
- Follow‑through from institutional flows in new 13F updates. [20]
Disclosure: This article is for informational purposes only and does not constitute investment advice. All prices and moves referenced are as of the time stated in the source.
References
1. public.com, 2. public.com, 3. www.reuters.com, 4. www.wsj.com, 5. www.fool.com, 6. m.economictimes.com, 7. www.marketbeat.com, 8. www.reuters.com, 9. www.wsj.com, 10. www.reuters.com, 11. seekingalpha.com, 12. www.barrons.com, 13. www.reuters.com, 14. seekingalpha.com, 15. investor.nvidia.com, 16. www.reuters.com, 17. investor.nvidia.com, 18. www.reuters.com, 19. seekingalpha.com, 20. www.marketbeat.com
