Nvidia options price 5.27% swing as Cramer challenges pre-earnings skepticism

Nvidia Corp. is set to report fiscal second-quarter earnings on Wednesday, Aug. 26, after the market closes, with options pricing an implied 5.27% move in the stock, equivalent to about $275 billion in market value. CNBC’s Jim Cramer criticized what he described as cynical media coverage, while analyst Dan Ives said demand for AI chips exceeds supply by 15 to 1. Wall Street expects $2.07 in earnings per share on $92.03 billion in revenue. Ives also argued that rising memory costs and potential price increases of more than 15% for Nvidia AI servers are unlikely to slow purchases by Microsoft, Alphabet or Oracle. Nvidia shares were up 15.13% in 2026 through Friday, despite closing 0.98% lower at $214.72, and Benzinga’s rankings show strong short-, medium- and long-term price trends with a good quality score.

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