Nvidia shares hit another record, pushing its market cap close to $6 trillion as GPU demand outstrips supply and customers seek chips wherever they can find them. Five clients made up at least 10% of accounts receivable in the July quarter, up from three in January, and SemiAnalysis counted 323 Nvidia GPU providers as of September, up from 209 less than 11 months earlier. CoreWeave's near-term capacity is essentially sold out, and the hourly spot price for an Nvidia B200 GPU has more than doubled since March, according to Ornn. Nvidia guided to $108 billion in revenue for the October quarter, an 89% jump from last year, after posting $96 billion last quarter. The article also flags risks from rising memory costs and a gross margin guidance that falls to 71%-72% the quarter after that.
Summary written by Upside AI from the original article. Read the source for full details.
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.5T |
| Close on 10/09/2026 | 229.28 |
| Change that session | -0.52% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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