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Nvidia (Nvda) The share extended its decline on Friday, when the market capitalization of the AI chip giant reached 1 trillion dollar from its record high in January.
A wider market sale in conjunction with fears of overvaluation in AI trade has stumbled by more than 23% in the past two months.
On Friday, the shares fell to 107 US dollars, which decreased on January 6th of $ 149.43 when the company’s evaluation of the company was north of US dollars of 3.7 trillion.
Nvidia’s market capitalization was 2.6 trillion dollars during the meeting on Friday when the sale on Wall Street increased.
On Thursday, the fears appeared in front of a roofing AI trade after Chip Maker Marvell Technology (by Chip Maker Marvell Technology (by Chip MakerMrvl) Investors and semiconductor shares have not impressed.
“It has been a hard year for NVDA so far. Tariff and regulatory risks“Bernstein -Analyst Stacy Rasgon wrote in a reference to investors in a reference at the beginning of this week.
Tech shares have led a wider market sale recently because investors weigh the effects of the Trump government’s collective bargaining policy on the economy.
NASDAQGS – NASDAQ real -time price USD
From 12:57:39 pm est. Market open.
Nvidia at the end of February Shares fell by 8.5% In one session, send the company’s market capitalization after 3 trillion US dollars afterwards The winning of the company’s fourth quarter has exceeded the expectations of Wall Street However, the outlook for the gross margin in the first quarter increased lower than the estimates.
At the end of January, the share also had a success after a new AI model published by the Chinese company Deepseek questioned Big Tech’s mammoth editions for artificial intelligence. Infrastructure.
Nvidia fell by 17%in the news on a single day. Shaving 589 billion US dollars From the market capitalization of the AI chip manufacturer and the largest individual day loss in stock exchange history.
Ines Ferre is a senior business reporter at Yahoo Finance. Follow her on X @ines_ferre.
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