Nvidia shares fell 1.35% to $203.90 in premarket trading on November 4 as investors weighed the next earnings test. Its fiscal second-quarter release showed about $96.2 billion in revenue and a 75% non-GAAP gross margin. The third-quarter outlook sees revenue within 2% of the $108 billion midpoint and gross margin at 74%, plus or minus half a percentage point, excluding China data-center compute sales. Using rounded figures, Nvidia needs another $11.8 billion in sequential revenue, a 12.3% increase, while absorbing a projected one-percentage-point margin decline. The article says shipment execution and transition costs will determine how much of that extra revenue reaches gross profit.
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NVDAearningssemiconductorsartificial intelligence
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NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/03/2026 | 206.57 |
| Change that session | +2.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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