NVDA Stock Comes Off Rough Week: AI Darling Reportedly Plans Major Price Hike As Q2 Earnings Loom

• NVDA stock rose nearly 1% in overnight trading. 
• Nvidia is scheduled to report Q2 results on Wednesday, with analysts expecting revenue to rise 13% to $92.01 billion.
• Nvidia has reportedly struck a licensing cum investment deal with AI startup Poolside. 

Nvidia Corp.’s stock gained nearly 1% in overnight trading late Sunday after a challenging week on the market, with trends pointing to a mixed setup ahead of its earnings report on Wednesday.

A spate of developments appears to be contributing to the stock’s move. Some of Nvidia’s top customers have been told that prices for systems, including Vera Rubin and Grace Blackwell, will rise by more than 15% starting in early 2027, according to a Bloomberg report on Saturday.

The source-based report indicated that surging memory prices are likely contributing to the increase.

Companies that build the servers under contract for large data center operators such as Microsoft, Google and Oracle have recently notified their customers of the forthcoming increases, according to the report.

NVDA Deal Watch

Nvidia has struck a deal with AI startup Poolside to build open-weight AI models to compete with China's DeepSeek and Kimi K3, The Wall Street Journal reported on Saturday, citing people familiar with the matter. 

Nvidia will invest $1 billion in the company and pay $6 billion to license Poolside’s technology and hire most of its engineers. The deal will also present a direct challenge to U.S. AI companies such as OpenAI and Anthropic.

“Here’s where it gets interesting: Nvidia is now officially competing with frontier companies. Companies they’ve invested hundreds of billions into over the last several years,” Alex Finn, founder of Silicon Valley-based AI startup Henry Intelligent Machines PBC (HIM), posted on X. “On top of that, they’ll have a massive compute advantage because well… they are the compute.”

Finn argued that demand for compute is insatiable, open-source AI will play a major role, and companies serious about AI need their own compute infrastructure. Assets tied to compute, energy and the broader AI buildout, he added, will only become more valuable.

Meanwhile, Nvidia made a minority investment in Cloverleaf, which works with utilities and energy providers to secure infrastructure for data center sites.

NVDA: Retail Trends, Stock Move Indicate Mixed Setup

NVDA shares have fallen for six consecutive sessions, losing 4.8% in the period. The past week was the worst for the stock in nearly two months, although the company’s market capitalization has stayed above $5 trillion.

GOOGL stock was down 0.2% in overnight trading, while MSFT and ORCL were flat.

On Stocktwits, retail sentiment for NVDA dipped over the past week and was ‘bearish’ as of late Sunday, while message volume dipped 21.4% for the week. 

“$NVDA Overnight trading starts in 20 minutes. Where are we going? What price will we hit in the first 5-10 minutes of trading tonight? I say $220,” a trader posted, forecasting a 2.5% rise from the stock’s closing price on Friday.

On the setup, research firm Bullseye Gains posted on Stocktwits: “$NVDA is primed for a decisive beat-and-raise quarter, setting the stage for what should be management's most bullish conference call in years.” 

“Supply checks indicate hyperscaler compute spending is accelerating across the board, and recent reporting from The Information highlights that major cloud giants remain completely tethered to Nvidia hardware, with server builders noting 15%+ pricing power resilience on next-gen systems as customers aggressively lock down capacity,” it said, adding that the stock would hit a fresh high in the near term.

The price increase “should be a positive for $MU and $SKHY on Monday ($MVLL, $SKHL),” said another trader. 

Nvidia’s Q2 Report On Wednesday

The market is gearing up for Nvidia’s quarterly results due after the market closes on Wednesday. The AI chipmaker’s earnings have become a closely watched event, with the potential to dictate broader market direction and shape sentiment toward the AI industry as a whole. 

Wall Street is also expecting another beat-and-raise quarter, as accelerating cloud spending from Microsoft and Amazon and major AI commitments from SpaceX and OpenAI reinforce confidence in demand for Nvidia’s chips.

Second-quarter revenue is expected to rise 13% to $92.01 billion, while adjusted profit is seen rising 11% to $2.08 per share, per estimates from Koyfin. Investors will also track Nvidia’s gross margins as high-bandwidth-memory costs rise, along with updates on China sales and the Rubin Ultra roadmap.

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