Nvidia Shares Plunge from Record High Amid US-China Trade Tensions

Friday’s trading session delivered a severe blow to Nvidia investors as the artificial intelligence chipmaker’s stock experienced a dramatic sell-off, plummeting nearly 5% despite having reached a fresh all-time high earlier in the day. The sudden reversal was triggered by escalating trade tensions between the United States and China, raising concerns about whether geopolitical factors might undermine the AI sector’s growth trajectory.

The trading day commenced on an optimistic note for Nvidia shareholders as the stock climbed to unprecedented levels. This initial enthusiasm quickly evaporated when the share price collapsed by 4.9% to settle at approximately $183.16, after touching an intraday low of $182.05. Trading activity surged dramatically throughout the session, with 260.2 million shares changing hands—significantly exceeding the stock’s average... Read more...