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Nvidia Stock Rallies 9.6% Since CEO Jensen Huang Called June Tech Dip

Nvidia stock gained 9.6% since June 8, outperforming the S&P 500 after CEO Jensen Huang's call for a buying opportunity was backed by record-breaking quarterly revenue growth.

📅 September 10, 2026 🕐 1 min read

1 assets impacted (Stocks). Net bias: 1 Bullish, 0 Bearish, 0 Neutral. Strongest signal: NVDA ↑ 8/10 (68% confidence).

📊 Affected Assets (1)

NVDA

Bullish 🤖 68%

📅 Short-term 🌍 US · Explicit

CEO Jensen Huang called the tech dip a buying opportunity and stronger-than-expected earnings validated his call, pushing the stock to outperform the S&P 500.

🎯 Key Takeaways

Nvidia shares rose 9.6% between June 8 and September 4, outpacing the S&P 500's 3.7% gain.
Fiscal Q2 revenue surged 106% to $96.2 billion, driven by a 117% jump in data center sales.
Management projects 70% revenue growth for fiscal 2028, significantly higher than previous Wall Street estimates.
Gross margins are expected to compress slightly to 71-72% due to memory shortages and rising component costs.

📝 Executive Summary

Nvidia shares have outperformed the S&P 500 since CEO Jensen Huang labeled the June technology sector sell-off a buying opportunity. Strong fiscal second-quarter results, highlighted by a 106% revenue surge, validated the bullish outlook as AI infrastructure demand continues to outpace supply.

❓ FAQ

Why did Nvidia stock outperform the market after the June dip?

The stock rebounded significantly following a strong fiscal Q2 earnings report on August 26, which provided concrete evidence of sustained demand for AI infrastructure.

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