Movement Alert｜NVIDIA Rises 3.05% in Regular Trading, CEO Huang Urges G20 to Accelerate AI Adoption While Management Signals Growth Upside

Market Focus

Sep 02

On September 2, NVIDIA rose 3.05% in regular trading, trading at $224.021/share, with turnover of approximately $9.009 billion. The rally was driven by a confluence of bullish catalysts spanning CEO remarks, growth guidance updates, and strategic expansion moves.

At a technology event in North Carolina, NVIDIA CEO Jensen Huang called on G20 members to accelerate AI adoption to drive economic growth, urging major economies to expand data centers and infrastructure. Huang described AI as a great equalizer, comparing it to essential utilities like water and electricity, and warned that the worst outcome for any nation would be falling behind in the AI wave.

Separately, NVIDIA management disclosed at a recent investor conference that the FY28 revenue growth target of 70% is not a ceiling — if supply constraints ease, growth could exceed 100%. The core bottleneck has shifted from demand to supply, with advanced wafers and HBM identified as key constraints. Meanwhile, NVIDIA is reportedly in advanced talks to acquire AI model hub Hugging Face for approximately $14 billion, and Equinix announced a new distributed AI inference platform built on NVIDIA enterprise architectures, set to launch in Q1 2027.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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