Nvidia’s quarterly results have become one of the most-watched events in markets. This one, on Tuesday, November 17, 2026, will be watched for a different reason: it is the first in the company’s public history without Jensen Huang.

Interim CEO Colette Kress, who remains CFO, is expected to lead the call. Results are due at about 1:20 p.m. Pacific, with the call at 2 p.m. Pacific, according to Nvidia’s announcement.

The numbers going in

Nvidia’s business has not slowed. In its second quarter of fiscal 2027, reported on August 26, it posted:

  • Revenue: $96.2 billion, up 106% from a year earlier and 18% from the previous quarter.
  • Data centre revenue: $89.0 billion.
  • Gross margin: 75.0%.

Its guidance for the third quarter was $108.0 billion, plus or minus 2%, and, as in previous quarters, it assumed no sales of data-centre compute chips to China. Our report on those results.

What to listen for

  1. Whether guidance holds. The first test of confidence is simple: does Nvidia hit roughly $108 billion and guide higher again? A miss would be read through the lens of the leadership crisis, fairly or not.
  2. Vera Rubin. Nvidia said in June that its next platform was ramping into full production, with shipments starting this autumn. Any slip in that timeline matters more than any single quarter’s revenue.
  3. China. Nvidia has excluded China data-centre sales from its outlook all year amid shifting US licensing rules. With Congress now examining chip-export approvals, analysts will want to know whether that exposure changes.
  4. Leadership and the inquiry. Expect questions about the search for a permanent CEO, the board’s investigation and whether any customer or government relationships have been affected. Kress may say little; how she handles it will be read closely.
  5. Buybacks. Nvidia added a record $150 billion to its buyback authorisation in September. Its use is one way management can signal confidence.

How the market is positioned

Nvidia fell 12.75% in the week of Huang’s resignation and closed below a $4 trillion market value on November 13 for the first time since July 2025, according to CNBC. Several analysts cut their price targets, according to CNBC and Yahoo Finance: HSBC to $170 from $365 (with a downgrade to hold), Stifel to $205 from $315, Baird to $200 from $500 and Cantor to $250 from $350.

Why it matters beyond Nvidia

Nvidia’s results are a proxy for the whole AI build-out: what hyperscalers, labs and governments are spending on compute. Strong numbers would suggest demand is insulated from the turmoil at the top. A wobble would raise questions about the pace of AI infrastructure spending across the industry.

We’ll update our coverage after the results.

Sources

  1. Nvidia: NVIDIA announces CEO transition, including Q3 results date (Nov 12, 2026)
  2. Nvidia: Financial results for second quarter fiscal 2027 (Aug 26, 2026)
  3. CNBC: Nvidia and Jensen Huang live updates (Nov 12, 2026)
  4. CNBC: Nvidia stock after Jensen Huang transition (Nov 13, 2026)
  5. Yahoo Finance: Stock market today, November 13 (Nov 13, 2026)

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