--- title: "What's Going On With Nvidia Stock on Wednesday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/295688084.md" description: "Nvidia stock rose nearly 3% on Wednesday, driven by strong AI infrastructure spending signals and anticipation for its August 26 earnings report. Investors are focused on continued semiconductor momentum, with Intel's $20 billion equity offering and strong backlogs from CoreWeave and Super Micro Computer reinforcing demand. Analysts maintain a Buy consensus with an average price target of $325.74, while heavy ETF exposure suggests fund flows could impact trading." datetime: "2026-08-12T15:44:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295688084.md) - [en](https://longbridge.com/en/news/295688084.md) - [zh-HK](https://longbridge.com/zh-HK/news/295688084.md) --- # What's Going On With Nvidia Stock on Wednesday? **Nvidia Corp.** (NASDAQ:NVDA) shares moved higher Wednesday as investors focused on continued AI infrastructure spending, broader semiconductor momentum and the company’s upcoming earnings report. The company’s stock rose almost 3% as investors looked ahead to the company’s quarterly earnings report on Aug. 26, 2026. The move came as S&P 500 futures gained 0.3%, supporting risk appetite for mega-cap technology stocks. ## AI Infrastructure Demand Supports Chip Stocks **Intel Corp.** (NASDAQ:INTC) kept investor attention on AI infrastructure after increasing its equity offering to $20 billion and expecting about $19.7 billion in net proceeds. Intel said it plans to use the funds for general corporate purposes, including working capital and capital expenditures, and expects 2026 capital spending to exceed $20 billion. **CoreWeave Inc.** (NASDAQ:CRWV) and **Super Micro Computer Inc.** (NASDAQ:SMCI) also reported strong backlogs and continued data-center spending, reinforcing demand for AI infrastructure. Heavy AI hardware investment by major cloud and technology companies continues to support demand for Nvidia’s chips. ## Earnings & Analyst Outlook The countdown is on: Nvidia Corp is set to report earnings on August 26, 2026 (confirmed). - **EPS Estimate**: $2.07 (Up from $1.04 YoY) - **Revenue Estimate**: $91.82 Billion (Up from $46.74 Billion YoY) - **Valuation**: P/E of 33.3x (Indicates premium valuation relative to peers) **Analyst Consensus & Recent Actions:** The stock carries a Buy rating with an average price forecast of $325.74. Recent analyst moves include: - **Wells Fargo**: Overweight (Maintains Forecast to $315.00) (Aug. 11) - **Keybanc**: Overweight (Raises Forecast to $330.00) (July 14) - **China Renaissance**: Initiated with Buy (Forecast $319.00) (June 5) ## Top ETF Exposure - **Franklin Focused Dynamic Growth ETF** (NASDAQ:FFOG): 9.99% Weight - **Xtrackers Net Zero Pathway Paris Aligned US Equity ETF** (NYSE:USNZ): 9.73% Weight - **iShares Nasdaq Top 30 Stocks ETF** (NASDAQ:QTOP): 9.96% Weight **Significance:** Because NVDA carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. ## Price Action **NVDA Stock Price Activity:** Nvidia shares were trading higher by 2.66% at $223.21 at the time of publication on Wednesday, according to Benzinga Pro data. **Read Also: NVIDIA's Jensen Huang Says AI Isn’t Just Tech Anymore — It’s Infrastructure, and Wall Street Is Financing It** _Photo: Shutterstock.com_ ### Related Stocks - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [SMCI.US](https://longbridge.com/en/quote/SMCI.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [SMCY.US](https://longbridge.com/en/quote/SMCY.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [SMYY.US](https://longbridge.com/en/quote/SMYY.US.md) - [SMCZ.US](https://longbridge.com/en/quote/SMCZ.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [CRWU.US](https://longbridge.com/en/quote/CRWU.US.md) - [CORD.US](https://longbridge.com/en/quote/CORD.US.md) - [INTW.US](https://longbridge.com/en/quote/INTW.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [SMCX.US](https://longbridge.com/en/quote/SMCX.US.md) - [SMCL.US](https://longbridge.com/en/quote/SMCL.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [CRWG.US](https://longbridge.com/en/quote/CRWG.US.md) - [04335.HK](https://longbridge.com/en/quote/04335.HK.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [CWVX.US](https://longbridge.com/en/quote/CWVX.US.md) - [CWY.US](https://longbridge.com/en/quote/CWY.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [LINT.US](https://longbridge.com/en/quote/LINT.US.md) - [INYY.US](https://longbridge.com/en/quote/INYY.US.md) - [SMCC.US](https://longbridge.com/en/quote/SMCC.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [WFC.US](https://longbridge.com/en/quote/WFC.US.md) - [KEY.US](https://longbridge.com/en/quote/KEY.US.md) - [01911.HK](https://longbridge.com/en/quote/01911.HK.md) - [FFOG.US](https://longbridge.com/en/quote/FFOG.US.md) - [USNZ.US](https://longbridge.com/en/quote/USNZ.US.md) - [QTOP.US](https://longbridge.com/en/quote/QTOP.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [WFC-D.US](https://longbridge.com/en/quote/WFC-D.US.md) - [WFC-L.US](https://longbridge.com/en/quote/WFC-L.US.md) - [WFC-Y.US](https://longbridge.com/en/quote/WFC-Y.US.md) - [WFC-C.US](https://longbridge.com/en/quote/WFC-C.US.md) - [WFC-Z.US](https://longbridge.com/en/quote/WFC-Z.US.md) - [WFC-A.US](https://longbridge.com/en/quote/WFC-A.US.md) - [KEY-K.US](https://longbridge.com/en/quote/KEY-K.US.md) - [KEY-L.US](https://longbridge.com/en/quote/KEY-L.US.md) - [KEY-J.US](https://longbridge.com/en/quote/KEY-J.US.md) - [KEY-I.US](https://longbridge.com/en/quote/KEY-I.US.md) ## Related News & Research - [Jensen Huang's latest pitch to investors: Nvidia's AI compute is its own asset class](https://longbridge.com/en/news/295562673.md) - [AI weekly: Nvidia does deal with Wall Street, China's AI weather forecasts](https://longbridge.com/en/news/295777975.md) - [Nvidia just recruited Wall Street to help fund $500 billion in AI infrastructure. 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