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Nvidia Shares Fall 8.8% in Week Before Nov. 17 Earnings

The chipmaker closed Nov. 6 at $186.64 after a 2.8% session gain. It has forecast $108 billion in fiscal third-quarter revenue.

Updated 1 min read
Workers enter NVIDIA's headquarters in Santa Clara, California, on a clear afternoon. / EconoTimes.ai
Workers enter NVIDIA's headquarters in Santa Clara, California, on a clear afternoon. / EconoTimes.ai

With fiscal 2027 third-quarter results due Nov. 17, Nvidia shares finished the week through Nov. 6 down 8.8%, despite a rise in the final trading session.

The stock closed Nov. 6 at $186.64, compared with $204.64 on Oct. 30, StockAnalysis.com historical closing-price data show. It had closed Nov. 5 at $181.60, making the final session’s gain 2.8%. That rebound narrowed the weekly decline but left the shares below their Oct. 30 close.

Nvidia’s earlier fiscal third-quarter revenue forecast called for $108 billion in sales, plus or minus 2%. The company said the outlook assumed no data center compute revenue from China. Fiscal second-quarter sales reached $96.2 billion, a 106% increase from the year-earlier period.

Nvidia plans to announce its fiscal 2027 third-quarter results at about 4:20 p.m. ET on Nov. 17, followed by a conference call at 5 p.m. ET.

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