NVIDIA shares traded in the mid-$220s during the week of October 12, 2026, closing at $228.52 on October 13 after a session high of $228.64, following a prior-week peak near the 52-week high of $243.37. The primary driver remains the company’s fiscal second-quarter 2027 results, which delivered $96.2 billion in revenue—up 106% year-over-year—with data-center sales reaching $89 billion and gross margins holding at 75%. Management guided fiscal third-quarter revenue to $108 billion and authorized a record $150 billion share-repurchase program, reinforcing capital-return capacity amid sustained AI infrastructure demand. Traders are weighing these fundamentals against elevated valuations near 29 times earnings and recent volatility, with upcoming catalysts including the November 17 earnings release and ongoing Blackwell-to-Rubin platform transitions. Market-implied odds reflect this balance of growth momentum and near-term price consolidation.