Nvidia Just Did Something It's Never Done Before. Here's Why It Makes the Stock a Buy.

U.S. stocks declined on Friday, with the Nasdaq, S&P 500, and Dow all falling. Fed Chair Kevin Warsh's hawkish remarks at Jackson Hole increased expectations of a rate hike. Gold and semiconductor stocks, including Nvidia, dropped significantly. Gap shares surged after strong earnings and a new CEO announcement. Treasury yields rose in response to Warsh's comments.

Nvidia (NVDA) reported strong Q2 earnings and raised Q3 revenue guidance to $108B, driving its stock up 9% and boosting tech sector gains. Nasdaq, S&P 500, and Dow closed higher. Other notable movers include Okta (OKTA) +29%, Salesforce (CRM) +23%, and CrowdStrike (CRWD) +20%. Corporate profits surged $400B in Q2, partly due to $71B in tariff refunds.

The US Bureau of Industry and Security is investigating Apex Logistics, a subsidiary of Kuehne+Nagel, for allegedly shipping Nvidia AI servers to China in violation of US export restrictions. Apex acknowledged the probe, while Kuehne+Nagel stated it has not been contacted. Kuehne+Nagel shares fell 4.2% on August 27, 2026. The investigation focuses on 47 shipments with allegedly false shipping codes, potentially leading to civil penalties, denial orders, or criminal referrals.

Nvidia reportedly agreed to acquire Hugging Face for $12.9B, its largest deal ever, requiring antitrust review. The deal, if finalized, would face scrutiny for potential self-preferencing and competition concerns. Nvidia's Q2 revenue was $96.2B, up 106% YoY, with data center revenue at $89B.

Nasdaq futures rose on strong Nvidia earnings and upcoming Fed events. U.S. economic data showed inflation and GDP in line with expectations, while durable goods orders mixed. Fed rate hike odds stand at 38.1%. Marvell, Autodesk, and others report earnings. Asian markets mixed; Shanghai Composite up 1.13%, Nikkei down 0.20%.

NVIDIA's Jetson Orin Nano 2 module offers 2X performance and 40% lower power use than its predecessor, enabling advanced AI models on robots and drones. It features an Ampere-based GPU, 8 Arm cores, and 8GB LPDDR5X memory. According to NVIDIA, it can run models with 5-30 billion parameters, like Nemotron Nano, at over 20 tokens per second, enabling real-time edge AI.