NVIDIA shares traded between roughly $218 and $234 during the week of September 7, 2026, closing near $219 after touching an intraday high of $233.71 early in the period. The primary driver was the company’s fiscal second-quarter results reported August 26, which showed revenue of $96.2 billion, up 106% year-over-year, with Data Center sales at $89 billion and non-GAAP EPS of $2.22 beating consensus. Management guided third-quarter revenue near $108 billion and highlighted expectations for roughly 70% sales growth in fiscal 2028 alongside an AI infrastructure opportunity of $3–4 trillion by 2030. Offsetting factors included a U.S. Department of Justice review of the $17 billion Groq licensing arrangement and pressure from rising Treasury yields and oil prices that weighed on broader technology valuations. Analyst consensus price targets remain clustered near $325, while daily volumes exceeded 100 million shares amid positioning ahead of the September 16 FOMC meeting.
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