📊 NVIDIA’s supply chain is expanding, but the chart remains range-bound - 2026.10.29

Hey, it’s Carrot 🥕 Supply chain news came pouring in all at once today, so let’s start by laying out the numbers. Partnership news keeps piling up, but why does the chart keep hovering inside a range? That’s today’s key question.

Supply Chain Expands, Earnings Marked on the Calendar

Edaily TV reported that NVIDIA’s supply chain is expanding as AI demand surges, with Samsung Electro-Mechanics and Amkor taking part ^[1]. The Electronic Times also described plans to significantly expand the AI semiconductor supply chain with six companies, including Samsung Electro-Mechanics and Amkor ^[2]. It’s reassuring that both outlets are pointing in the same direction.

NVIDIA’s newsroom also announced the date of its conference call to discuss third-quarter financial results ^[3]. Since it’s an official notice, it’s a useful reference for checking the schedule. The earnings figures aren’t available yet, though—all we have for now is a date on the calendar.

The Chart Is Playing Within a Range

Let’s look at the price action. The October 28 closing price was $215.13, down -1.29% from the previous day, with a trading volume of 70,230,732. The October 27 close was $217.94(+0.90%), while on the 22nd the stock fell -4.40% and volume reached 125,407,600.

The closing-price range for this period was between $210.96 and $221.97. It’s a classic range-bound pattern, moving up and down without a clear direction. Carrot tends to keep an eye on the top and bottom of this range. What’s clear is that even as supply chain news piled up, the closing price didn’t move steadily in one direction. 🎯

Meta Investment: Focus on the Direction, Not the Amount

Maeil Business Newspaper reported that NVIDIA and AMD are investing in Meta to strengthen their AI alliance ^[5]. But a video covering the same Meta investment cited an amount of 3,000,000,000 USD ^[6]. Since 4,000,000,000 USD and 3,000,000,000 USD are both circulating, I’ll leave the numbers out. When sources don’t agree, we shouldn’t amplify the figures. Instead, we can note the broader direction: deeper collaboration with customers.

Google TPU as a Wild Card, and a Look at DPUs

The Seoul Economic Daily suggested that Google TPUs, set to be deployed in Oracle data centers starting next year, could threaten NVIDIA’s position ^[4]. That’s the article’s interpretation, not a confirmed company plan, so it’s best to view it as a possible factor in the competitive landscape. 🤔

Meanwhile, a video about the Cloudflare incident explained how NVIDIA BlueField DPUs take on some CPU tasks and separate customer server access from the operator’s management privileges ^[7]. If you’re curious about how providers that rent GPUs to multiple customers manage data boundaries, it’s worth a look. Rather than jumping straight to investment implications, it’s enough to enjoy seeing how far NVIDIA’s technology is being put to use.

Looking at the chart, Carrot thinks the first thing to watch this week is where the stock holds within its range—not how much of the supply chain news gets reflected in the share price. So the rules are simple: no all-in buying, no all-out selling, and act only if support breaks. ✨

There are two questions left. Will supply chain expansion show up in the earnings figures on the conference call? And how far will the Google TPU story spread beyond Oracle? Nobody knows the answers yet 😅

📰 Reference News (5)

📺 Reference Videos (2)

6

YouTube

[Tue, Oct. 27, 2026] NVIDIA invests 3,000,000,000 USD in Meta | Earnings: Seagate, Robinhood, etc. | Consumer Confidence Index, 5-year Treasury auction | - Oh Seon’s U.S. Stock Market Live

▶오선의 미국 증시 라이브·2026.10.27

7

YouTube

AI Told My Secret to Someone Else | The Cloudflare Incident... Why NVIDIA Made a DPU

▶안될공학 - IT 테크 신기술·2026.10.28