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Nvidia Stock Struggles After Record Market-Cap Loss—What’s Next?

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Image credit: Caspar Camille Rubin

Nvidia (NASDAQ:NVDA) and other semiconductor stocks opened lower on Tuesday, reversing premarket gains as investors remained cautious after Monday's historic tech sell-off.

Market Reaction

  • Nvidia: +5% premarket → -0.6% post-opening
  • Broadcom (NASDAQ:AVGO): -0.6%
  • AMD (NASDAQ:AMD): -0.8%
  • Micron (NASDAQ:MU): -1.7%
  • Marvell Technology (NASDAQ:MRVL): Flat

The S&P 500 fell 0.1%, while the Nasdaq 100 declined 0.3%, reflecting continued investor uncertainty in the tech sector.

Monday's Sell-Off Recap

  • Nvidia lost $593 billion in market value, marking the largest one-day market-cap loss in U.S. history.
  • Nasdaq dropped 3.1%, with Nvidia as the biggest drag.
  • Broadcom fell 17.4%, while Microsoft (-2.1%) and Alphabet (-4.2%) also declined.

The trigger? DeepSeek, a Chinese AI startup, launched a cost-efficient AI assistant that quickly surpassed ChatGPT in downloads on Apple's App Store. This intensified fears of market disruption in the AI sector.

Will Nvidia Rebound?

1. Analyst Price Targets

2. Market Movers to Watch

Final Thoughts

With uncertainty surrounding AI dominance, Nvidia's long-term fundamentals remain key.

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