Nvidia

2024 - 6 - 25

Nvidia Stock Plummets, Market Cap Shrinks: What's Next for the Chip Giant?

Nvidia Stock AI technology - chip stocks - data center expansion - market correction - market volatility - Nvidia - stock market - Nvidia Stock

Is it time to sell Nvidia shares? Find out more about the recent stock plunge and its impact.

The Nasdaq faced a rocky start as Nvidia and chip stocks saw a decline, putting pressure on investors. Nvidia's market cap took a hit, dropping by $500 billion amidst one of the worst performances in its history. The chipmaker's shares, once the world's most valuable, have tumbled 15% since last week, raising concerns among investors about the future of the company.

On the bright side, Nvidia is expanding its reach in the Middle East, partnering with Ooredoo to provide AI technology to data centers. This collaboration aims to position Ooredoo as a digital infrastructure leader in the MENA region by leveraging Nvidia's cutting-edge AI solutions.

Despite the stock correction and selloff, Nvidia is venturing into new territories, planning a launch in the Middle East despite US export bans. The company's resilience and strategic partnerships highlight its commitment to growth and innovation in the face of market challenges.

In a surprising move, Nvidia's finance executive, Simona Jankowski, is leaving to join a startup after years of service. This departure comes at a crucial time for the chip giant, signaling potential organizational changes amidst market turbulence.

In further developments, Nvidia has brought on board Howard Wright, a former AWS executive, to lead its startup ecosystem. This strategic hiring showcases Nvidia's commitment to fostering innovation and driving the company's growth trajectory in a competitive market landscape.

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US: Nasdaq drops as Nvidia, chips drag; inflation data in focus (The Business Times)

The Nasdaq opened lower on Monday (Jun 24) after Nvidia and some other chip stocks remained under selling pressure, with investors on tenterhooks as a key ...

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Nvidia Stock Sinks Another 5%—Market Cap Down $500 Billion ... (Forbes)

Nvidia stock's historic rally was doused further Monday, as shares of the artificial intelligence technology dominator are mired in one of their worst ...

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Nvidia share slide erases $500bn in market value (Financial Times)

Chipmaker's shares have fallen 15% since Thursday, ending brief stint as world's most valuable company last week.

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Get Smart: Is it Time to Sell Your Nvidia Shares? (The Smart Investor)

Nvidia's stock rise is nothing short of extraordinary this year. But can its shares keep on rising?

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Nvidia and Ooredoo to provide AI hardware to data center clients ... (DatacenterDynamics)

Nvidia has signed a deal with Qatari telco Ooredoo Group to deploy its artificial intelligence (AI) technology in data centers across the Middle East.

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Qatar's Ooredoo and Nvidia partners for AI expansion (CIO)

This collaboration solidifies Ooredoo's commitment to becoming a leading digital infrastructure provider in the MENA region, leveraging NVIDIA's cutting-edge ...

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Nvidia stock is now in a correction as deepening selloff puts the AI ... (Fortune)

Nvidia CEO Jensen Huang speaking at the Dell Technologies World conference on May 20. Bridget Bennett—Bloomberg via Getty Images. Nvidia Corp. shares fell on ...

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Nvidia to launch in the Middle East despite US export ban (Capacity Media)

Nvidia has reportedly signed a deal to provide AI technology to data centres owned by Ooredoo in five Middle Eastern countries.

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Nvidia's stock set to enter correction territory as chip-sector selloff ... (MarketWatch)

The three-day slide in Nvidia shares is on track to shave more than $400 billion off the company's market capitalization.

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Wall Street: Nvidia stock slides over 5% on profit taking, drags ... (Livemint)

At 11:02 am EDT, the Nvidia stock was at $120.08, down $6.49 or 5.13 per cent.

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Nvidia Stock Continues Falling From Record High—Key Price ... (Investopedia)

AI chipmaker Nvidia remains in focus Monday as shares continue tumbling from a record high reached Thursday. Monitor these important chart levels.

Nvidia's stock set to enter correction territory as chip-sector selloff ... (Morningstar.com)

By Emily Bary. Three-day slide in Nvidia shares could wipe out $400 billion in market cap. The swift recent downturn in Nvidia Corp. shares is set to take ...

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Nvidia Finance Executive to Join Startup After 'Experience of Lifetime' (Yahoo Finance)

(Bloomberg) -- Nvidia Corp. Vice President Simona Jankowski, who runs investor relations and strategic finance at the chipmaker, is leaving to become chief ...

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Nvidia Taps AWS Exec Howard Wright To Lead Startup Ecosystem (CRN)

Nvidia has hired Amazon Web Services executive and former NBA player Howard Wright as vice president of startup ecosystem.

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Nvidia's head of finance and investor relations is leaving for a startup (Quartz)

Simona Jankowski is leaving Nvidia after seven years to become a top executive at a startup.

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Is Nvidia doomed to be the next Cisco or Intel? Here's what investors ... (MarketWatch)

Recent volatility in Nvidia Corp.'s stock is bringing back memories from the start of this century, when companies like Cisco Systems Inc. and Intel Corp.

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What To Expect From Nvidia's Annual Shareholder Meeting ... (Investopedia)

Nvidia will hold its annual shareholder meeting on Wednesday, with stockholders set to vote on company executives' compensation plans and whether to ...

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Tech Keeps a Lid on US Stocks as Nvidia Tumbles: Markets Wrap ... (Livemint)

Stocks struggled to gain traction as an almost $400 billion plunge in Nvidia Corp. raised speculation that the rally in the industry that has powered the ...

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Nvidia slides 13% in three days after briefly becoming most valuable ... (CNBC)

Nvidia shares fell 6.7% on Monday, the chipmaker's third down day in a row, and the stock is now down 13% from its peak last week.

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Dow Jones Today: Dow Advances as Nvidia, Chip Stocks Weigh on ... (Investopedia)

The Dow Jones Industrial Average rose 0.7%, while the S&P 500 was flat and the Nasdaq Composite fell 0.6%. Nvidia (NVDA) shares slumped, extending a pullback ...

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Nvidia stock falls 5%, extends slide into correction territory (Yahoo Finance)

Nvidia (NVDA) stock fell as much as 5% on Monday as investors rotated out of the hottest AI play of the year. The session marked the third consecutive day ...

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Nvidia enters correction territory as slump erases US$430 billion (The Business Times)

NVIDIA shares entered correction territory on Monday (Jun 24), as an ongoing sell-off erased a historic amount of value for the artificial intelligence (AI) ...

Is Nvidia doomed to be the next Cisco or Intel? Here's what investors ... (Morningstar.com)

By Isabel Wang. The swift recent downturn in Nvidia's stock has spawned inevitable comparisons to the companies affected by the dot-com bubble that burst 24 ...

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Nvidia stock falls more than 6% as investors rotate out of chip ... (Yahoo Finance)

The chipmaker has since given back the crown with its market capitalization at around $2.9 trillion, below Microsoft's and Apple's (AAPL) valuations of more ...

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Nvidia enters correction territory as slump erases US$430 billion (The Business Times)

NVIDIA shares entered correction territory on Monday (Jun 24), as an ongoing sell-off erased a historic amount of value for the artificial intelligence (AI) ...

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US: Dow rises while Nasdaq drops on Nvidia retreat (The Business Times)

WALL Street stocks finished mixed on Monday, with industrial companies lifting the Dow and a retreat by some of the hottest tech names weighing on the ...

Nvidia's stock enters correction territory less than a week after hitting ... (Morningstar.com)

By Emily Bary. Three-day slide in Nvidia shares wipes out more than $400 billion in market cap. The swift recent downturn in Nvidia Corp. shares has taken ...

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Morning Bid: Tech that - Nvidia slump sours market mood (CNA)

A look at the day ahead in Asian markets.The wave of profit-taking in U.S. Big Tech and AI stocks appears to be gathering momentum, which could depress ...

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Wall Street can't keep up with Nvidia sales (The Star Online)

SAN FRANCISCO: Nvidia Corp is the most expensive stock in the S&P 500 Index, with its shares trading for roughly 23 times the company's projected sales over ...

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Tech that - Nvidia slump sours market mood (Yahoo Finance)

The wave of profit-taking in U.S. Big Tech and AI stocks appears to be gathering momentum, which could depress investor sentiment and risk appetite in Asia ...

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Is Nvidia Enthusiasm Wearing Off? (Forbes)

Stocks posted gains last week, but not by much. Shares of Nvidia fell over 3% on Friday and are indicated lower in premarket trading.

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Stock Market News, June 24, 2024: Dow Closes Higher; Nvidia ... (The Wall Street Journal)

Nvidia (NVDA) stock entered a correction Monday, after the AI chip maker's shares fell for a third straight day. A correction is typically defined as a ...

NVDA: Nvidia's murky AI future isn't reflected in its share price (The Australian Financial Review)

Despite a recent sell-off, Nvidia's shares have still surged some 4000 per cent over the past five years. It's clearly a great business, but is it a great ...

Nvidia (NASDAQ:NVDA): Yes, This Stock Also Goes Down (Yahoo Finance)

As Nvidia (NASDAQ:NVDA) stock dips under $120, wide-eyed investors are starting to realize that this stock actually goes down sometimes.

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The tower of NVIDIA (NPR)

For a moment last week, semiconductor chip designer NVIDIA eclipsed Microsoft to become the world's most valuable company. How did it get there?

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Nasdaq futures rise as Nvidia stabilizes after AI stocks rout (Reuters)

Nasdaq futures climbed on Tuesday as Nvidia and other AI-linked stocks firmed after a bruising selloff, while investors awaited further cues on the monetary ...

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Nvidia Stock Is Rebounding. Super Micro Also Recovers as Chip ... (Barron's)

Nvidia stock looks to have been hit by fears over a potentially stretched valuation. Companies seen as associated with Nvidia's success also looked to be ...

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Nvidia's 13% stock rout has traders scouring charts for support (The Straits Times)

Nvidia is still up 139 per cent this year. Read more at straitstimes.com.

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Nvidia Corp: $500 billion wiped off in a week; stock falls 13%. Here's ... (Livemint)

Nvidia Corp.'s three-day, $430 billion selloff has traders turning to technical analysis for clues on where the bottom may be.

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Nvidia share price plunge has one major explanation (Sky News)

The chipmaker - whose shares had risen nine-fold since the end of 2022 - overtook Microsoft as its stock market valuation reached $3.34trn (£2.63bn). Since ...

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Nvidia's shares nosedive to wipe $430 billion off its value (CNN)

Now worth $2.91 trillion, Nvidia has fallen into third place globally, behind Microsoft (MSFT) and Apple (AAPL), which have a market cap of $3.33 trillion and ...

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Nasdaq100 Forecast: QQQ rises as Nvidia rebounds & Fed ... (City Index)

U.S. stocks point to a higher open on Tuesday as Nvidia and other AI stocks rise following yesterday's sell-off and as investors wait for further clues over ...

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Stock market today: Nasdaq jumps as Nvidia turns a corner (Yahoo Finance)

US stocks traded mixed on Tuesday, pulled in opposite directions from the Nasdaq and the Dow, as AI chipmaker Nvidia (NVDA) eyed a cautious comeback from a ...

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Nvidia short sellers make $5 billion from three-day selloff, data shows (CNA)

Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer's sharp selloff over the past three sessions, according to ...

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Nvidia's half-a-trillion dollar wipeout leaves global chip stocks volatile (CNBC)

Global semiconductor stocks saw volatile trading on Tuesday after a slump in shares of Nvidia during the previous session.

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Coatue's Laffont says geopolitics is a threat to Nvidia, chip industry (Reuters)

Hedge fund Coatue Management's founder Philippe Laffont said on Tuesday that he is concerned about how geopolitical conflicts could affect the chip industry ...

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Nvidia Is the World's Most Valuable Company, Giving Nuclear ... (CarbonCredits.com)

Nvidia's meteoric rise drives renewed focus on nuclear power as a sustainable solution for AI growth. Know Nvidia carbon emission / net zero.

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Nvidia's explosive growth masks AI disillusionment (The Japan Times)

Businesses shouldn't believe tech companies' pitch that AI can solve all problems, everywhere, all at once. Figuring out its niche applications is the ...

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Stock market today: Nasdaq jumps as Nvidia turns a corner (Yahoo Finance)

Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.

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NVIDIA's Explosive Growth Mirrors Tech Giants Of The Past (Forbes)

The internet and AI revolutions share so much in common; the parallels are clear if you have studied market history or, better yet, were investing through ...

US: Stocks finish mixed as Nvidia rebound boosts Nasdaq (The Business Times)

US STOCKS finished mixed on Tuesday, as Nvidia reversed a recent decline to finish the day almost seven percent higher, pushing up the Nasdaq.

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Nvidia's stock selloff inspired retail investors to buy the dip (MarketWatch)

The megacap tech stock entered correction territory this week — and individual investors took advantage of the discount.

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Nvidia rebounds, masking losses for the rest of Wall Street (Los Angeles Times)

A rebound for Nvidia propped up a weakened Wall Street. The Standard & Poor's 500 rose 0.4% while the Nasdaq composite leaped 1.3%.

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Why Nvidia Stock Popped on Tuesday (Motley Fool)

Nvidia shares have returned to rally mode in the wake of its stock split, thanks to an important new market for the company.

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Steve Eisman Says the Nvidia Story Is Going to Last for Years (Yahoo Finance)

(Bloomberg) -- A $430 billion sell-off earlier this week in artificial-intelligence darling Nvidia Corp. was no more than a blip to Neuberger Berman Group's ...

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Nvidia Jumps Back Above $3 Trillion Valuation As Stock Gains ... (Forbes)

Nvidia recently lost its short-lived standing as the world's most valuable public company after a $227 billion stock selloff.

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Nvidia's stock storms back to score a rebound not seen in three years (MarketWatch)

Nvidia Corp. shares snapped back with a vengeance on Tuesday after a three-session slide that carried them into correction territory.

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All eyes are on Nvidia's stock, so what's been going on? (ABC News)

Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value.

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All eyes are on Nvidia's stock, so what's been going on? (The Associated Press)

Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value.

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Nvidia share price jumps 7%, bounces back after $430 billion ... (Livemint)

Nvidia shares ended 6.8% higher at $126.09 apiece on June 25 after losing 13% from June 18 close of $135.58. The drop followed a rally in Nvidia shares seen ...

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Steve Eisman Says the Nvidia Story Is Going to Last for Years (Yahoo Finance)

(Bloomberg) -- A $430 billion sell-off earlier this week in artificial-intelligence darling Nvidia Corp. was no more than a blip to Neuberger Berman Group's ...

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Portfolio manager known for 'The Big Short' isn't worried about ... (Fortune)

Neuberger Berman Group's Steve Eisman is long on Nvidia. HECTOR RETAMAL—AFP via Getty Images. A $430 billion sell-off over the past three trading days ...

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Steve Eisman Says 'Nvidia Story Is Going to Last for Years' (Bloomberg)

Steve Eisman, senior portfolio manager at Neuberger Berman Private Wealth, says “if you look at the chart on Nvidia, you can barely see the correction,” as ...

US stock futures steady after Nvidia rebound boosts Wall Street (Yahoo Finance)

Investing.com-- U.S. stock index futures steadied in evening deals on Tuesday after a rebound in market darling Nvidia and other chipmakers supported Wall ...

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Nvidia Stock Is Cracking. How to Sidestep the Damage. (Barron's)

Abercrombie & Fitch's stock surge is outpacing Nvidia's. The retailer's impressive performance and strategic turnaround under CEO Fran Horowitz have ...

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