Nvidia hits record, up 21% YTD

Nvidia shares climbed to another record on Thursday, May 14, as investors pushed the chipmaker higher ahead of its next earnings report. The stock’s rise extended a multiday rally tied to expectations that spending on artificial-intelligence infrastructure will remain strong. Nvidia’s investor relations site showed a delayed share price of $235.74 on Friday, while third-party market trackers showed the stock set a new 52-week high on Thursday. Analysts and market reports cited continued demand for AI systems and data-center buildouts as the main drivers. ### How high did Nvidia get, and how fast has the stock run? Thursday’s move pushed Nvidia to a fresh all-time high, with market reports showing the shares trading as high as about $236.47 intraday. Bloomberg reported the stock had gained roughly 20% over seven days, while TipRanks showed Nvidia up 23.53% over six months and listed the next earnings date as May 20, 2026. Investopedia and other market coverage published on May 14 described the move as a new record for the stock. (investor.nvidia.com) TipRanks said Nvidia was up about 21% year to date in reporting cited by the user, and its stock page now shows a 52-week range topping out at $227.84 in the captured snapshot, underscoring how quickly the shares have moved in recent sessions. Because those figures come from different snapshots, they reflect changing market prices rather than a contradiction. ### What are investors betting on before earnings? (bloomberg.com) Nvidia’s own investor materials frame the company around AI infrastructure, and a presentation highlighted on its investor site refers to a “$3-4 Trillion AI Infrastructure Spend by 2030.” That does not by itself explain the stock move, but it shows the company is positioning itself around a large, long-term buildout in computing infrastructure. (tipranks.com) Reuters reported on May 8 that Nvidia helped lift the S&P 500 and Nasdaq to records as demand from the rapid buildout of AI data centers boosted chip-related shares. Bloomberg reported on May 14 that investors were buying companies “profiting from a flood of investment spending on artificial intelligence.” Those reports match the explanation cited by analysts in market coverage ahead of Nvidia’s earnings release. (investor.nvidia.com) ### Did China policy also play into the rally? Reuters reported on May 14 that the United States had cleared around 10 Chinese firms to buy Nvidia’s H200 AI chips, citing people familiar with the matter, though no deliveries had been made. The report said approved companies included Alibaba, Tencent, ByteDance and JD.com, according to republications of the Reuters story. That development gave investors another concrete sign that Nvidia could still find channels for some advanced-chip sales into China, even with restrictions still in place. (money.usnews.com) Jensen Huang, Nvidia’s chief executive, was also in focus in that Reuters report because he had joined a U.S. delegation trip to Beijing, according to a source cited by Reuters. The report said he was seeking a breakthrough in China, where Nvidia has been navigating export controls and shifting U.S. policy. (usnews.com) ### What do Nvidia’s latest reported numbers look like? Nvidia reported fiscal 2026 revenue of $215.9 billion, up 65% from a year earlier, according to the company’s latest financial results page. The company also reported fourth-quarter revenue of $68.1 billion and fourth-quarter data-center revenue of $62.3 billion. Those figures are the most recent official results available on Nvidia’s investor site ahead of next week’s report. (usnews.com) Those reported numbers matter because they set a high base for the next release. Market services including MarketBeat list consensus expectations for Nvidia’s next report on May 20 after the market close, with a conference call scheduled for 5:00 p.m. Eastern. ### What happens next, and when will investors get the next update? May 20, 2026, is Nvidia’s scheduled date for fiscal first-quarter 2027 earnings, according to market calendars and the company’s investor materials. (investor.nvidia.com) Nvidia’s investor site also lists the company’s 2026 annual meeting of stockholders for June 24, 2026. Those two dates are the next formal checkpoints for investors tracking whether the recent rally is matched by new revenue, demand and guidance disclosures. (marketbeat.com)