Key Stats for Nvidia Stock
- Price change for Nvidia stock in last 6 months: 10%
- $NVDA Stock Price as of Oct. 15: $217
- 52-Week High: $243
- $NVDA Stock Price Target: $329
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What Happened?
Nvidia (NVDA) and Apple each committed $25 million to President Donald Trump’s planned White House ballroom, according to a Washington Post report on Thursday.
The report showed total private donations of $333 million for the project.
Others gave $25 million too, including the Adelson family and Dish Network co-founder Charles Ergen. Lockheed Martin, Microsoft and Palantir each gave $10 million. The president is not on the donor list, per the Post.
Nvidia said it was proud to support a nonpartisan trust, and a spokesperson said its support for the U.S. is independent of any business interests.
Apple declined to comment.
The White House said it will not release donor details.
The project has drawn criticism.
Watchdog groups say the secrecy raises questions about donor influence. The Post said half the money came from companies or executives with federal contracts.
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What the Market Is Telling Us About Nvidia Stock
$25 million is tiny compared with Nvidia’s size, so the donation alone is unlikely to move Nvidia stock much.
The business is what drives Nvidia stock.
- In Q2, revenue hit $96 billion, more than double last year.
- Data center sales rose 18% from the prior quarter to $89 billion.
- Management guided Q3 revenue to $108 billion, plus or minus 2%.
- It expects about 70% revenue growth next fiscal year, limited by supply.
- Nvidia also returned a record $26 billion to shareholders in Q2.
Nvidia stock faces risks beyond this headline as memory costs are rising fast.
Management expects gross margin to fall to 71%-72% in Q4 and also said it has no China data center revenue in its outlook.
And some critics call its investments in AI labs “circular financing,” which Nvidia disputes.
Still, the market tends to focus on demand.
The CEO said demand far outpaces supply. For now, Nvidia stock rests on AI spending, not on the ballroom story.
The reputational risk is worth watching if scrutiny grows.
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So what is Nvidia stock actually worth?
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
