NVIDIA shares traded near $226 intraday on October 12 after closing at $229.28 on October 9, having peaked at $243.37 earlier in the month before pulling back amid broader tech rotation. The primary driver remains the company’s fiscal Q2 2027 results, with revenue surging 106% year-over-year to $96.2 billion and data-center sales reaching $89 billion, fueled by Blackwell ramp and sustained AI infrastructure demand from hyperscalers. Management guided $108 billion for Q3 while authorizing a record $150 billion buyback increase, though guidance excludes China data-center revenue and flags modest margin pressure ahead. Traders weigh these fundamentals against elevated valuation near 29 times trailing earnings, supply constraints, and potential competition from custom silicon as key variables for the session close.