NVIDIA Stock Climbs, Overlooked Business Segment Key to Future Growth

By EC Assets · Published 2 October 2026

NVIDIA shares are experiencing a climb today. This follows a period where the stock recorded a 20.6% increase over six months, starting from mid-March. This six-month gain annualizes to 45.4%. An overlooked aspect of NVIDIA's business is considered important for the stock's future growth. NVIDIA shares have seen significant gains previously, delivering 900% over a five-year period. However, analysts suggest that a specific multiple applied to rising earnings estimates points to a price target that has not yet been factored in by Wall Street. The company's second-quarter earnings report is anticipated after the bell on Wednesday. This report is highly watched after other artificial intelligence (AI) companies, such as Meta, did not meet their quarterly projections. Concerns about financing the AI revolution are also emerging. Amazon is increasing the prices it charges to rent high-performance microchips. Amazon is also reportedly planning to sell and then lease back NVIDIA chips. This article is intended for informational purposes only. It does not constitute investment advice.