Why Nvidia Stock Is Soaring Today

Shares of Nvidia (NASDAQ: NVDA) are jumping on Thursday. The chipmaker's stock spiked 3.9% as of 10:30 a.m. ET and was up as much as 6.4% earlier in the day. The move up comes as the S 500 (SNPINDEX: ^GSPC) gained 0.3% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%.

The artificial intelligence (AI) giant reported its Q1 2026 earnings after the market closed yesterday, once again beating Wall Street's already lofty targets.

The company released its quarterly numbers, reporting earnings per share (EPS) of $0.96 on $44.06 billion in sales. The top and bottom lines beat the consensus estimates of $0.93 on $43.31 billion in sales.

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Source Fool.com