New York, February 23, 2026, 10:02 EST — Regular session underway.
- Nvidia added roughly 1.4%, landing at $192.46. The stock ended Friday at $189.82. (NVIDIA Investor Relations)
- Investors are making moves before Nvidia drops its quarterly numbers Wednesday, once the market shuts. (NVIDIA Newsroom)
- Risk sentiment remained shaky following President Donald Trump’s move to announce a fresh 15% tariff, according to Reuters.
Nvidia Corp shares pushed higher Monday, shrugging off nerves around fresh U.S. tariff questions, as traders zeroed in on the chip giant’s upcoming earnings later this week. (Reuters)
Nvidia’s numbers carry real weight: the chipmaker represents almost 8% of the S&P 500, according to Reuters, making it big enough to swing the market solo. Its forward guidance? Crucial for anyone watching appetite for AI hardware. (Reuters)
The timing coincides with traders re-evaluating risk appetite following Trump’s fresh push on tariffs, nudging investors into classic safe-haven assets at the open, according to Reuters. (Reuters)
Nvidia shares climbed roughly 1.4% to $192.46 late in the morning, market data showed. Advanced Micro Devices slipped around 1%. Broadcom picked up about 1%.
The iShares Semiconductor ETF slipped a bit, a sign that investors had their money on just a handful of names going into the earnings event.
Nvidia said it plans to hold a conference call at 2 p.m. PT (5 p.m. ET) on Wednesday, February 25, to go over its fourth-quarter and full-year 2026 results. (NVIDIA Newsroom)
Wall Street analysts polled by Investors Business Daily are looking for fiscal Q4 earnings of $1.52 a share, with revenue coming in near $65.7 billion—a sharp rise over last year. (Investors)
Options traders are positioning for a sharp move, with one widely watched derivatives indicator pointing to roughly a 7% swing tied to earnings, according to MarketWatch. That figure reflects what the market is charging for protection on both sides of the trade. (MarketWatch)
Some investors flagged issues along the supply chain. SK Group chairman Chey Tae-won told South Korea’s Maeil Business Newspaper that demand for AI memory is running so hot that supply is lagging by “more than 30% again this year.” (매일경제)
Chey didn’t shy away from pointing to the speed of these swings—what looks like a $100 billion profit on paper, he warned, can just as easily swing to “a 100 billion dollar loss.” The market’s “uncertain,” Chey said, according to local reports. (Seoul Economic Daily)
But the risk is staring investors in the face: Nvidia’s stock has long carried the AI torch, setting high expectations. Any sign of weaker orders, a supply crunch, or a tariff squeeze on demand could send sentiment tumbling—particularly with markets still on edge over trade. (Reuters)
Wednesday brings results and the new outlook, with the 5 p.m. ET call set to draw a sharp focus on what management says about AI demand, supply snags, and customers’ spending intentions. (NVIDIA Newsroom)
