Nvidia share price sees biggest single-day fall in four months; slumps over 6% after notching record high
Nvidia share price declined more than 6% on Tuesday, marking the biggest single-day fall in four months, a day after shares closed at a record high. Nvidia share price plunged 6.22% to close at $140.14.
Nvidia stock price had more than tripled in the past 12 months before the fall on Tuesday. The shares of artificial intelligence (AI) chipmaker hit a record high of $153.13 on Monday.
Nvidia’s Chief Executive Officer, Jensen Huang, commenced CES 2025 with the unveiling of a diverse range of products. While the announcements highlighted the company’s promising long-term prospects, they fell short of delivering the near-term growth catalysts that some investors had anticipated.
CES 2025 Announcements
Huang kicked off the CES trade show on…
