Nvidia set for $320B price swing after earnings, options indicate (finance.yahoo.com)

Nvidia’s upcoming earnings report has options traders pricing in roughly a 7% one-day move in the stock after the market close Wednesday — an implied swing that would translate to about $320 billion in market value at its ~$4.6 trillion capitalization, the largest post-earnings move on record for the company, according to ORATS and Reuters analysis. Historically the stock has moved about 7.3% the day after results over the past 12 quarters, and the new implied range would top the roughly $276 billion jump seen after February 2024’s report. The implied volatility reflects intense investor focus on guidance for demand, margins, supply chains and capital spending tied to AI workloads. The result matters beyond share price: Nvidia’s GPUs are central to training large language models and other AI systems, and the company’s performance is being read as a proxy for the broader AI capex cycle. With an ~8% weighting in the S&P 500 and leadership across semiconductors and AI infrastructure, its report could sway sentiment across hyperscalers, chipmakers and cloud spending — potentially influencing correlated trades valued in the trillions. Recent investor exits and a pullback from record highs add extra scrutiny, so the quarter will be watched for signs of whether AI adoption and GPU demand are still accelerating or entering a pause.