Why did Nvidia shares rise in early trading?

Nvidia shares rose modestly in early trading due to the company forecasting first-quarter revenue above market estimates, driven by Big Tech's spending on AI processors.

What is driving Nvidia's revenue forecast?

Nvidia's revenue forecast is driven by the unabated spending of Big Tech companies on its artificial intelligence processors.

How has Nvidia's stock performed in 2026?

Nvidia shares in New York are up almost 5% so far in 2026, though they remain below the record high from October last year.

Home / Business and Economy / Nvidia Shares Climb on AI Chip Demand

Nvidia Shares Climb on AI Chip Demand

26 Feb

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Summary

Nvidia stock saw a modest increase in early trading.
The company projects first-quarter revenue above market estimates.
Big Tech's continued spending on AI processors drives growth.

Nvidia's stock saw a modest increase in early trading on Thursday, following a projection of first-quarter revenue exceeding market estimates. This upward trend is largely attributed to the sustained and significant investment by major technology companies in Nvidia's cutting-edge artificial intelligence processors.

As of 0703 GMT, the stock had climbed 1.4% in early Frankfurt trading. While Nvidia shares in New York have appreciated by nearly 5% year-to-date in 2026, they have not yet reached the record highs achieved in October of the previous year. The company's performance underscores the robust demand for its AI hardware.

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