Why Nvidia Stock Is Plummeting Today
Shares of Nvidia ( NVDA -5.29%) were sinking Wednesday. The company's stock fell 6.2% as of 2:20 p.m. ET, but lost as much as 6.9% earlier in the day. The move comes as the S&P 500 ( ^GSPC -0.39%) and Nasdaq Composite ( ^IXIC -0.54%) lost 0.8% and 1.1%, respectively.
Nvidia stock is up over 900% since 2023. Here's why it's still a screaming buy.
Since the start of 2023, Nvidia 's (NASDAQ: NVDA) stock has gained an astronomical 906% as of the time of writing. It's also right around its all-time high right now, but these two facts may scare some investors off. The common thought is, "Nvidia has risen so much already; how can it increase more?"
Nvidia and other chip stocks are bouncing. Is now the time to buy?
Multiple analysts saw Monday’s sharp semiconductor pullbacks as overdone. One said they could prove “a buying opportunity in hindsight once the dust settles.”
Nvidia Stock Moves Higher After Bruising Monday Session
Nvidia’s stock is off to a positive start after a wild Monday. Shares of the chipmaking giant were recently up about 2%, easily outpacing the slight rise in the S&P 500. The first hours of Tuesday’s session followed a start to the week that marked Nvidia’s (NVDA) worst day in years,
NVIDIA stock bounces back after 'deep' sell-off
NVIDIA (NASDAQ:NVDA) shares bounced back strongly Tuesday following Monday’s DeepSeek-related sell-off, which whipped out a record $589 billion in market value in the AI chip giant. Shares of NVIDIA closed up 8.
Stock Futures Mixed as Nvidia Stock Bounces Back
Stocks are struggling for direction following the global tech selloff Stock futures are struggling for direction today, following sharp losses fueled by a global tech selloff last session. Nvidia (NVDA) is up 2.
Nvidia Stock Investors Just Got Bad News From DeepSeek, but Certain Wall Street Analysts See a Silver Lining
Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We ...
Nvidia’s Agentic AI Agenda At CES Was Smart, But It Could Go Further
The GPU giant laid out a very smart approach to agentic AI earlier this month at CES, but it could do more to clarify its ...