Why Nvidia Stock Continues to Plunge Ahead of Earnings
Nvidia (NASDAQ: NVDA) will release one of the most highly anticipated earnings reports tomorrow afternoon. The artificial intelligence (AI) chip leader has outpaced its own guidance by a wide margin all year.Yet investors have been selling the stock in droves lately. Shares are down more than 11% in the last month, including a 3% decline today, as of 11:37 a.m. ET.The catalyst for today's drop may be from investors thinking Nvidia's trend of exceeding sales forecasts may soon come to an end. That's because the Trump administration is reportedly seeking to further tighten restrictions on U.S. semiconductor chip sales to China.Continue reading
Nvidia (NASDAQ: NVDA) will release one of the most highly anticipated earnings reports tomorrow afternoon. The artificial intelligence (AI) chip leader has outpaced its own guidance by a wide margin all year.
Yet investors have been selling the stock in droves lately. Shares are down more than 11% in the last month, including a 3% decline today, as of 11:37 a.m. ET.
The catalyst for today's drop may be from investors thinking Nvidia's trend of exceeding sales forecasts may soon come to an end. That's because the Trump administration is reportedly seeking to further tighten restrictions on U.S. semiconductor chip sales to China.
