<div id="readability-page-1">Nvidia (NVDA) was in the spotlight on Tuesday as HSBC became the latest investment firm to raise its price target on the semiconductor giant ahead of its second-quarter results.  Shares fell 1% in premarket trading. “At its upcoming 1QFY27 results announcement on May 20, we expect NVIDIA to report 1QFY27 revenue of $81.1B, 4%/3% higher than managem...</div>

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<p>HSBC has raised its price target for Nvidia (NVDA) ahead of its Q2 results, which are expected to show a revenue of $81.1B, 4%/3% higher than management's guidance. Despite this, shares fell 1% in premarket trading.</p>

- Nvidia (NVDA) attracted attention as HSBC raised its price target prior to the second-quarter results.  
- Despite this, shares fell 1% in premarket trading.  
- The upcoming 1QFY27 results on May 20 are expected to show revenue of $81.1B, a 4%/3% increase over management's previous estimates.

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Nvidia in spotlight as HSBC ups price target ahead of Q2 results