Nvidia stock rose on Thursday after a solid earnings report, but Microsoft managed to hold on to the title of largest U.S. company by market value. Nvidia briefly took the crown as the world's largest company by market cap during afternoon trading,

The semiconductor industry has faced a number of headwinds, from uncertainty around tariff policy in the U.S. and chip export restrictions to China.

Nvidia results pleased investors and eased fears over China tariffs and separately a court ruled President Trump’s tariffs are illegal with the White House vowing to appeal and Elon Musk is officially done with DOGE.

FactSet estimates see first-quarter earnings of $0.73 per share and revenue of $43.3 billion, up 66 percent from a year ago. While that sounds strong in a vacuum, it’s a slowdown from the triple-digit expansion Nvidia posted in 2024, when revenue was up 262 percent year-over-year the same quarter.

Nvidia stock fell 0.5% Wednesday ahead of the company’s fiscal first quarter earnings report, which is scheduled to be released around 4:20pm ET. The chip maker’s shares closed at $134.81 in the regular trading session,

Nvidia prepares to report its earnings on Monday. Why is the report such a big deal? For a couple of reasons. See why.

I/O Fund lead tech analyst Beth Kindig analyzes Nvidia after an 'impressive' earnings report on 'Making Money.'

Nvidia shares will be in focus ahead of the AI chipmaker’s highly anticipated earnings report, due after the market close on Wednesday. Monitor these key chart levels.

One of the biggest stories this week in the HPC-AI world involves — surprise! — NVIDIA. Actually, make that two of the biggest stories. One is NVIDIA’s stellar quarterly earnings announcement in the face of concerns in recent months about disruption of chip exports of GPUs to China.

It marked a break from the company’s recent string of post-earnings slumps, and it signals that Wall Street believes the AI trade can still outrun geopolitics, even if that hasn’t exactly happened to start 2025. Nvidia’s quarter by the numbers:

Nvidia's earnings call is today at 5 pm ET. NVDA stock heads into the report up 0.9% YTD. Investors are focused on Trump tariff impact.