Nvidia has swung from AI market darling to volatility case study. According to the Los Angeles Times, the chipmaker has lost roughly $1 trillion in market value in less than two months, leaving its stock at its cheapest level since before the AI boom sent shares "into the stratosphere" — effectively pre-boom prices.
What's dragging it down? Barron's points a finger at Meta, framing the social-media giant as a culprit behind the recent slide. Meanwhile, Yahoo Finance Canada raises the puzzle directly: Nvidia's AI roadmap isn't delayed, so why is the stock still so cheap?
Wall Street, for its part, is leaning in rather than backing away. TheStreet reports that Citi has sent a "strong signal" to Nvidia investors amid swirling rumors, while Yahoo Finance Singapore describes an "unmistakable signal" from Bank of America. One prediction highlighted by AOL argues Nvidia's stock will hit a new high by 2027, citing CEO Jensen Huang's comments on the company's Q1 FY27 earnings call, where he described "the buildout of AI factories" as "the largest infrastructure expansion" underway.
The stock isn't only falling. Invezz notes shares were up around 2% on Friday, a reminder of how choppy the trading has become. And per Zacks and Yahoo Finance, Nvidia remains one of the most-watched names among individual investors trying to gauge its near-term direction.
The picture, in short, is a tug-of-war: a historic drop in market value on one side, and vocal analyst confidence plus an intact product roadmap on the other.
Why it matters: Nvidia is the bellwether for the entire AI trade, so whether its slump signals a cooling boom or a buying opportunity will ripple far beyond a single stock.