On August 27, GraniteShares 2x Long NVDA Daily ETF rose 11.87% in regular trading, trading at $36.17/share, with turnover of $331 million. The leveraged ETF amplified NVIDIA's strong gains following a blowout earnings report.

NVIDIA reported Q2 fiscal year revenue of $96.2 billion, representing a 106% year-over-year increase and surpassing analyst expectations of $92.38 billion. Adjusted earnings per share came in at $2.22, above the $2.10 consensus. The company guided Q3 revenue to approximately $108 billion (±2%), exceeding the $105.15 billion Street estimate. Additionally, NVIDIA projected 70% revenue growth for fiscal year 2028, further reinforcing bullish sentiment.

On the product front, NVIDIA's CFO confirmed that Groq 3 LPX will begin volume shipments to early adopters by the end of the current quarter, with Nebius as the first customer. The company also disclosed that Vera Rubin is in full production, with plans to simultaneously deliver both Blackwell and Rubin generation systems going forward, though some supply constraints remain.

As a fund tracking two times the daily performance of NVIDIA stock, NVDL is designed to magnify the underlying stock's moves through swap agreements with major financial institutions. It is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)