US Stock Market Move | Q1 financial report will be announced soon NVIDIA Corporation (NVDA.US) rose nearly 2% in early trading.

On Wednesday, NVIDIA Corporation (NVDA.US) rose nearly 2% in early trading session, with a cumulative increase of 28% since April, now trading at $224.84 per share. On the news front, NVIDIA Corporation is set to release its first quarter financial report for the fiscal year 2027 in the early morning of May 21st Beijing time. This not only serves as a quarterly report card for a chip giant, but also as a key indicator of whether the global AI infrastructure investment wave can continue, as pointed out by Ben Snyder, a stock strategist at Goldman Sachs Group, Inc. Snyder mentioned that NVIDIA Corporation has contributed to approximately 20% of the S&P 500 index's gains this year, stating that "investors of almost all asset classes globally are paying attention to this financial report". Analysts generally expect NVIDIA Corporation's revenue for this quarter to be $78.9 billion, a year-on-year increase of 79%, with earnings per share reaching $1.77.