NVIDIA Corporation’s Stock Price Drops to $108.73, Sees 2.05% Decrease: A Closer Look at NVDA’s Market Performance

NVIDIA Corporation (NVDA)

108.73 USD -2.28 (-2.05%) Volume: 206.6M

NVIDIA Corporation’s stock price stands at 108.73 USD, experiencing a drop of -2.05% this trading session, with a trading volume reaching 206.6M. Despite the downturn, the tech giant’s performance remains closely watched, even as it records a -19.03% change YTD, indicative of the stock’s volatility and potential for growth.

Latest developments on NVIDIA Corporation

Today, NVIDIA Corp stock price took a tumble following surprising news from China regarding Huawei’s development of a new AI chip to rival NVIDIA’s offerings. This development comes amidst a backdrop of uncertainty for NVIDIA investors, with reports of the company exploring options in light of US export controls. Despite concerns, analysts remain optimistic about NVIDIA’s future, citing consistent growth and leadership in the AI space. The competition from Huawei adds to the challenges faced by NVIDIA, but the company’s focus and moats in AI chip technology continue to power its position in the market. As the stock price fluctuates, investors are closely watching for any further developments that may impact NVIDIA’s standing in the industry.

NVIDIA Corporation on Smartkarma

Analysts on Smartkarma have differing views on NVIDIA Corp, with Nico Rosti taking a bearish stance following a $5.5 billion hit from US restrictions on its H20 AI chips for China. Rosti predicts that NVIDIA Corp may face further revenue losses due to the ban, potentially benefiting Chinese competitors like Huawei. On the other hand, Baptista Research remains bullish on NVIDIA Corp, highlighting the company’s plans to fight back against tariffs impacting the semiconductor sector. Despite the challenges, Baptista Research sees a positive outlook for NVIDIA Corp.

Meanwhile, Andrew Jackson’s analysis points to a mixed bag for NVIDIA Corp, with discussions on potential deals and market performance. Jackson questions a TSMC deal for INTC and notes Micron’s positive guidance, which could benefit related companies. Additionally, Baptista Research emphasizes NVIDIA Corp‘s recent strong performance in the data center and AI markets, with record revenues and significant growth in fiscal year 2025. The diverse analyst coverage on Smartkarma reflects the complex dynamics at play for NVIDIA Corp in the current market environment.

A look at NVIDIA Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for NVIDIA Corp, the company seems to have a positive long-term outlook. With a high growth score of 5, NVIDIA is expected to continue expanding and innovating in the tech industry. Additionally, the company has strong resilience with a score of 4, indicating its ability to weather market fluctuations. While the value and dividend scores are lower at 2, NVIDIA’s momentum score of 3 suggests that it is still moving in a positive direction overall.

NVIDIA Corporation is a company that designs, develops, and markets 3D graphics processors for personal computers. With a focus on providing interactive 3D graphics to the mainstream market, NVIDIA has established itself as a key player in the tech industry. The company’s high growth score of 5 reflects its commitment to innovation and staying ahead of the curve, while its resilience score of 4 indicates its ability to adapt to changing market conditions.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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