Nvidia (NVDA) Stock: $217.94 on Fed Day – Microsoft…
By Tobi Opeyemi Amure
AI summary of the source article
Nvidia closed at $217.94 on 27 October ahead of the Federal Reserve's rate decision and earnings from Microsoft and Alphabet. The company also announced a $3 billion investment in Meta's equity offering.
Why it matters
Both are among Nvidia's largest customers. Their capital spending plans, reported after the close on 28 October, signal how many AI chips they intend to buy next year.
Key facts
- Nvidia closed at $217.94 on 27 October, with volume of 84.8 million shares and a market value of about $5.25 trillion.
- Nvidia agreed to invest $3 billion in Meta's equity offering and expand work on the Muse model family.
- Nvidia and Oracle made Vera Rubin NVL72 systems and Vera CPUs generally available on Oracle Cloud Infrastructure.
Source excerpt · FinanceFeeds
Updated 28 October 2026. Nvidia (NVDA) closed at $217.94 on Tuesday 27 October, up $1.94 or 0.90 percent, and lagged a 1.18 percent gain in the Nasdaq Composite as AMD, Marvell and Broadcom led the chip rally (Gotrade, citing Yahoo Finance and Nasdaq.com). Verdict: today is the setup day. The Fed decides at 2 pm ET, and Microsoft and Alphabet report after the close - the first two of the hyperscal…