US Stocks Move | Nvidia (NVDA.US) rises nearly 4% pre-market as Goldman Sachs says Q3 earnings may exceed expectations

According to Jinzhong Finance APP, Nvidia (NVDA.US) saw a near 4% increase in pre-market trading on Wednesday, currently trading at $174.88. Goldman Sachs pointed out that despite growing concerns about the sustainability of AI infrastructure investment, Nvidia’s short-term fundamentals remain solid. Goldman Sachs projects Nvidia’s third quarter of fiscal year 2027 revenue to reach $110.081 billion, slightly above market expectations; data center revenue is around $102.551 billion, and the gross margin stands at 74.1%, higher than the market expectation of 73.1%. Earnings per share are expected to be $2.57, approximately 6% above expectations.