NVIDIA Surges to Top Market Activity With $42.5B Trading Volume Amid 56% Revenue Jump and $60B Buyback Pledge

NVIDIA (NVDA) closed on August 27 with a 0.09% decline, trading at $175.40 in after-hours trading. The stock saw a surge in volume, with $42.52 billion in trading activity—a 39.06% increase from the previous day, ranking first in market activity. The company reported Q2 FY2026 revenue of $46.7 billion, up 56% year-over-year, driven by a 17% sequential growth in Blackwell Data Center revenue. GAAP and non-GAAP gross margins reached 72.4% and 72.7%, respectively, supported by a $180 million release of H20 inventory to a non-China customer. Earnings per share were $1.08 GAAP and $1.05 non-GAAP, with the latter excluding the H20 inventory release. The company also announced a $60 billion share repurchase authorization and a $0.01 per share dividend, underscoring its commitment to shareholder returns.

Strategic initiatives highlighted during the earnings call included the expansion of Blackwell AI infrastructure partnerships in Europe and the introduction of the RTX PRO 6000 Blackwell Server Edition GPU. The company emphasized its leadership in AI-driven rack-scale computing, with Jensen Huang noting Blackwell’s role in accelerating the global AI race. Despite no H20 shipments to China in Q2, management remains optimistic about potential H20 revenue opportunities if geopolitical conditions permit, citing $2–$5 billion in possible quarterly sales. The outlook for Q3 FY2026 projects $54 billion in revenue, with non-GAAP gross margins targeting 73.5%.

NVIDIA’s data center segment, accounting for 88% of total revenue, saw $41.1 billion in sales, though slightly below estimates. Gaming revenue rose 49% year-over-year to $4.3 billion, while professional visualization and automotive segments also posted double-digit growth. The board’s recent $60 billion buyback authorization, combined with $14.7 billion remaining under existing repurchase programs, signals continued confidence in capital allocation. With $54 billion in third-quarter revenue guidance and a projected $3–$4 trillion in AI infrastructure spending by 2030, the company remains positioned to capitalize on long-term demand across industries.

The backtest results include unrelated news items about ENGO Eyewear’s product launch, Healthy Extracts’ Amazon expansion, and a Palantir class action lawsuit. These developments pertain to other industries and do not directly impact NVIDIA’s financial performance or strategic direction.