📰 News & Developments
On August 17, 2026, NVIDIA filed an 8-K disclosing a multi-year partnership with SB Energy Corp. to develop the PORTS Technology Campus in Pike County, Ohio, a large-scale AI data center campus where NVIDIA has secured 4.25 gigawatts of IT load capacity with OpenAI as the anchor tenant; NVIDIA's aggregate payment obligation under the residual value guaranty agreements is cumulatively capped at $105 billion, with service conditions expected beginning in 2028. AMD reported record quarterly sales and a strong beat versus estimates, but its stock fell over 8% after Elon Musk announced that SpaceX would exclusively use NVIDIA infrastructure, a company-specific competitive signal directly relevant to NVIDIA's position in AI compute supply. SpaceX exceeded revenue estimates in its first earnings report since its IPO, though its stock declined due to unexpectedly high AI spending disclosures, with coverage framing NVIDIA's AI infrastructure spending as a central theme in that result.
📅 Upcoming Catalysts
📅 Aug 26, 2026: Q2 FY2027 earnings release (est. EPS $2.1283)
📅 Nov 17, 2026: Q3 FY2027 earnings release (est. EPS $2.4084)
📅 Jun 4, 2026: Ex-dividend date — $0.04/share (past)
👁 Items to Watch
👁 NVIDIA's $105 billion residual value guaranty obligation tied to SB Energy leases becomes effective upon commencement of individual leases, with ready-for-service conditions expected beginning in 2028 but no specific lease commencement dates confirmed.
👁 NVIDIA retains discretionary rights to provide credit support for an additional approximately 3.8 gigawatts of capacity at the Portsmouth Site, with no timeline disclosed for whether or when that option will be exercised.
📈 Price & Performance
NVIDIA closed at $214.72, down 4.64% for the week, and sits in the lower half of its 52-week range of $163.86–$236.27.
$163.86$236.27
📋 SEC Filings
NVIDIA's August 17, 2026 8-K disclosed entry into residual value guaranty agreements with SB Energy Corp. committing up to $105 billion to support leases for 4.25 gigawatts of AI data center capacity at the Portsmouth Site in Ohio, with OpenAI as tenant. A Form 4 filed August 12, 2026 reported director Suzanne M. Nora Johnson receiving a total of 2,410 shares via two grants on August 10, 2026.
8-K — Material Event
Item 1.01. Entry into a Material Definitive Agreement On August 17, 2026, NVIDIA Corporation ( NVIDIA ) announced a multi-year partnership with SB Energy Corp. (collectively with its affiliates, SB Energy ) to advance…
Filed 2026-08-17
Form 4 — Insider Transaction
NORA JOHNSON SUZANNE M (Director) was awarded/granted 1,262 shares on 2026-08-10, leaving 1,262 shares owned. NORA JOHNSON SUZANNE M (Director) was awarded/granted 1,148 shares on 2026-08-10, leaving 2,410 shares owned.
Filed 2026-08-12