Nvidia Prepares for a Storm of Announcements with Record Revenue and a PC Ambition

Nvidia shares ended last week at €181.40 in European trading, roughly 10% below their all-time high of €201.05 set on May 14. The stock has clawed back a 13% gain year-to-date, but the relative strength index sits at 36 — a territory that often signals oversold conditions. With a calendar packed from Taipei to Seoul, the coming days could determine whether the consolidation phase ends or extends.

The catalyst list is unusually dense. Jensen Huang kicks off Computex on June 1 with a keynote expected to detail the integration of the Blackwell GPU architecture and potentially unveil new hardware platforms for local AI processing. The following day, at Microsoft Build in San Francisco, the company will outline cooperation details involving Microsoft, Nvidia, and Arm. By June 5, Huang will be in South Korea meeting executives from SK Group, LG Group, Naver, and Doosan to discuss physical AI and robotics — LG’s humanoid robot CLOiD already runs on Nvidia chips and the Isaac platform.

At the center of the hardware push is the N1X, Nvidia’s first ARM-based high-performance processor for Windows laptops. Built on TSMC’s 3-nanometer process, it combines a 20-core ARM CPU with a GPU on par with an RTX 5070. That makes it a direct assault on the x86 stronghold of Intel and AMD. Partners including Dell, Lenovo, ASUS, and MSI are expected to showcase devices, with a launch planned before Christmas 2026. Notably, the N1X can run large language models with over 100 billion parameters locally on the laptop.

Should investors sell immediately? Or is it worth buying Nvidia?

The product wave is supported by an already stellar quarter. For the first quarter of fiscal 2027, Nvidia reported revenue of $81.6 billion — up 85% year-over-year — with the data center segment contributing $75.2 billion. Adjusted earnings per share surged 140% to $1.87. The company guided for roughly $91 billion in revenue for the current quarter, while its share buyback program totals $80 billion. The quarterly dividend is being raised from $0.01 to $0.25 per share.

That financial muscle is funding an aggressive expansion in Taiwan. Annual spending in the region is set to rise to $150 billion, up from $100 billion previously. A new headquarters, the “Constellation” campus in Taipei, will house 4,000 employees and is slated for completion by 2030. At the AI Factory MGX Ecosystem Ceremony, Nvidia revealed its full supply chain: roughly 150 partners globally, with 21 core partners in Taiwan including TSMC, Hon Hai (Foxconn), and Delta Electronics. New additions include circuit board specialist Zhen Ding Tech and enclosure maker Catcher Technology. Nvidia plans to double production of AI supercomputers in Taiwan by 2026 in preparation for the “Vera Rubin” architecture. A single MGX system comprises over 1.3 million components and weighs about two tons.

The supply chain picture is not without blemishes. Revenue from China fell roughly 50% in the latest reported quarter due to US export restrictions, but Taiwan revenue grew by the same percentage, providing a temporary buffer. A new $2 billion partnership with Marvell Technology will integrate custom networking solutions into the NVLink Fusion platform. On the cost side, analysts warn that memory costs for the next Vera Rubin generation could rise by over 400%, eating into margins.

Institutional investors are taking note. Mitsubishi UFJ Asset Management increased its stake by 4.7%, bringing its holdings to approximately $9.93 billion. The stock’s oversold RSI reading suggests that a steady stream of product news and financial strength could provide the momentum needed to break out of its recent range.

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