NVDL Surges 5.5% On Monday as NVIDIA and Semiconductor Stocks Rebound
NvidiaNvidia(US:NVDA) 247Wallst·2026-03-09 23:16

Group 1 - NVIDIA shares rebounded by 2.68%, contributing to a broader semiconductor rally, with the GraniteShares 2x Long NVDA Daily ETF (NVDL) surging 5.5% [1] - NVIDIA reported Q4 FY2026 revenue of $68.13 billion, reflecting a 73% year-over-year growth, with a notable 263% increase in networking revenue to $10.98 billion [1] - The Data Center segment generated $62.31 billion in revenue, up 75% year-over-year, indicating strong demand for NVIDIA's products [1] Group 2 - The upcoming GPU Technology Conference (GTC) is expected to serve as a major catalyst for NVIDIA, with potential announcements that could impact stock performance [1] - Analyst sentiment remains positive, with 58 analysts rating NVIDIA as a buy and a consensus price target of $265.18, while the stock currently trades around $182.65 [1] - NVIDIA's Q1 FY2027 guidance is approximately $78 billion in revenue, excluding any Data Center compute revenue from China due to export restrictions [1]