# Nvidia (NVDA) stock surged more than 3.5% in premarket trading, jumping to $184.45.

*business · news · 2026-04-08 · The Economic Times*

## Key points

- Nvidia's quarterly revenue reached $68.13 billion, up 73.2% year over year.
- Data center revenue hit $62.31 billion, confirming Nvidia's dominance in AI infrastructure.
- Networking revenue surged 263% to $10.98 billion, highlighting Nvidia's expansion beyond chips.
- Nvidia's forward guidance projects $78 billion revenue despite China restrictions.
- Institutional ownership now exceeds 65%, indicating strong long-term investor confidence.

**Companies:** Nvidia
**Countries:** United States, Iran

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/is-nvidia-stock-still-the-safest-ai-bet-in-2026-why-is-nvidia-nvda-stock-surging-3-5-in-todays-premarket-and-whats-next-for-nvda-shares/articleshow/130112457.cms)

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