NVIDIA Corporation ($NVDA) Stock Forecast: Down 5.1% Today

What is NVIDIA Corporation?

NVIDIA Corporation (NVDA) is a leading technology company known for its graphics processing units (GPUs) used in gaming, professional visualization, data centers, and automotive markets. Today, NVDA experienced a significant bearish movement in the stock market.

Why is NVIDIA Corporation going down?

NVDA stock is down 5.1% on Jan 8, 2025 14:39

• The bearish movement in NVDA stock could be attributed to analysts' reactions to CEO Jensen Huang's technical keynote at an industry event, which may have lacked the expected level of clarity and market appeal.
• While NVDA's collaboration with a prominent ridesharing company for autonomous driving technology and partnership with a popular streaming platform for AI-powered streaming were positive developments, they may not have been enough to offset the market sentiment post-keynote.
• The buzz around a semiconductor company's HBM chips powering Nvidia's latest architecture, as highlighted by CEO Jensen Huang, could have inadvertently shifted investor focus towards the semiconductor company, potentially impacting NVDA's stock performance.
• The unveiling of a technology company's AI PCs with an AI agent at an industry event may have also contributed to the overall market perception of NVDA's competitive positioning in the AI and technology space, influencing the bearish movement.

NVDA Price Chart

NVDA Technical Analysis

NVDA News

Nvidia Stock Drops After Huang's CES Keynote: Analysts Dub It 'End-To-End AI Shop' - NVIDIA ( NASDAQ:NVDA )

Nvidia analysts react to Jensen Huang's CES keynote. While Nvidia unveiled new products and shared updates, one analyst said the event may have been too technical and not given enough color. Get New Picks of the Market's Top Stocks

https://www.benzinga.com/analyst-ratings/analyst-color/25/01/42859715/nvidia-stock-drops-after-huangs-ces-keynote-analysts-dub-it-end-to-end-ai-shop

Uber Collaborates With NVIDIA for Autonomous Driving Technology

UBER broadens its network of self-driving technology partners through its collaboration with NVIDIA.

https://www.zacks.com/stock/news/2393214/uber-collaborates-with-nvidia-for-autonomous-driving-technology

Logitech's Streamlabs Teams With NVIDIA To Simplify Streaming With AI - Logitech International ( NASDAQ:LOGI )

Logitech International LOGI shares are trading higher on Tuesday. On Monday, the company's Streamlabs partnered with NVIDIA Corporation NVDA and Inworld AI to introduce an AI-powered streaming assistant.

https://www.benzinga.com/25/01/42856765/ai-meets-streaming-logitech-and-nvidia-collaborate-on-cutting-edge-assistant

GIGABYTE Unveils a diverse lineup of AI PCs with Groundbreaking GiMATE AI Agent at CES 2025

TAIPEI, Jan. 7, 2025 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, unveiled its next-gen AI PCs at CES 2025. GiMATE, a groundbreaking AI agent for seamless hardware and software control, takes center stage in the all-new lineup, redefining gaming, creation, and productivity in the ...

https://www.benzinga.com/pressreleases/25/01/n42855028/gigabyte-unveils-a-diverse-lineup-of-ai-pcs-with-groundbreaking-gimate-ai-agent-at-ces-2025

Micron Pops On Nvidia Partnership Buzz: Could Blackwell Chips Be The Memory Maker's Big Break? - Micron Technology ( NASDAQ:MU )

Micron Technology Inc. MU is making waves at CES 2025, with shares jumping 3.7% in early trading after Nvidia Corp NVDA CEO Jensen Huang gave the company a major shoutout. Huang confirmed Micron's high-bandwidth memory ( HBM ) chips power Nvidia's latest Blackwell architecture, calling them a ...

https://www.benzinga.com/trading-ideas/movers/25/01/42853369/micron-nvidia-partnership-buzz-blackwell-chips-memory-makers-big-break

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NVIDIA Corporation Price History

07.00.2025 - NVDA Stock was down 6.4%

• Speculation on a potential partnership between Micron Technology and Nvidia may have influenced investors to focus more on Micron, affecting Nvidia's stock negatively.
• Innoviz Technologies highlighting its progress on Nvidia's platform at CES 2025 may have sparked concerns about future competition for Nvidia in the autonomous driving sector.
• The positive outlook in the pre-market futures, particularly on the tech-heavy Nasdaq, suggests a possible shift in the market away from Nvidia towards other technology stocks.
• Scrutiny of Nvidia's position compared to competitors in the semiconductor industry may have identified vulnerabilities or obstacles for the company, contributing to the decline in its stock price today.

07.00.2025 - NVDA Stock was down 6.3%

• The announcement by Innoviz Technologies showcasing its latest technological advancements at CES 2025, specifically its software running seamlessly on Nvidia's platform, could have inadvertently highlighted potential competition or raised concerns about Nvidia's market share.
• The industry comparison analysis investigating Nvidia's standing among its competitors might have revealed challenges or weaknesses in the company's position, leading to investor apprehension and a bearish market movement.
• Despite the overall positive sentiment towards AI stocks like Nvidia, the specific dynamics within the semiconductor industry and potential shifts in market trends could have influenced the bearish movement in Nvidia's stock today.
• The surge in chip stocks on Monday, driven by strong sales forecasts from Nvidia's server partner Foxconn, might have inadvertently raised expectations for Nvidia's own performance, leading to a sell-off when those expectations were not met.

18.11.2024 - NVDA Stock was up 5.0%

• The significant acquisition of Nvidia AI chips by Microsoft underscores robust demand for Nvidia's technology, instilling confidence in investors regarding the company's growth prospects.
• Mention of a potential stock bottom for Nvidia at $127 could have reignited investor interest, resulting in increased buying activity and fueling the bullish trend.
• Nvidia's collaboration with Verizon to support AI applications through private 5G networks showcases the company's expanding presence in AI and telecommunications, strengthening its market position.
• Comparative analysis emphasizing Nvidia's competitive advantage in the semiconductor industry likely reassured investors about its long-term growth potential, bolstering the bullish market outlook.

15.09.2024 - NVDA Stock was down 5.1%

• The bearish movement in NVDA stock could be attributed to the unexpected early release of ASML's third-quarter earnings, causing a ripple effect in the semiconductor industry.
• NVIDIA's contribution of its Blackwell platform design to the open hardware ecosystem may have raised concerns among investors about potential competition and market saturation in the AI infrastructure space.
• Amazon's deal with Databricks to cut AI costs by 40% could have sparked fears of increased competition for NVIDIA in the AI market, leading to a sell-off of NVDA shares.
• Despite the positive sentiment from Nvidia CEO Jensen Huang about OpenAI, the overall market reaction to the news may have been overshadowed by broader industry developments and competitive pressures.

03.00.2025 - NVDA Stock was up 5.1%

• Nvidia's upcoming presence at CES 2025 and the anticipation of new announcements could have sparked investor excitement, leading to a bullish movement.
• The acquisition of Israeli startup Run:ai and plans for expanding in Taiwan with green energy and AI projects showcase Nvidia's commitment to innovation and growth, boosting investor confidence.
• Analyst recommendations and mentions on financial shows could have also contributed to the positive sentiment surrounding Nvidia, driving the stock higher.
• Overall market optimism following record highs in stock market indexes may have further supported Nvidia's bullish movement as investors seek growth opportunities in the tech sector.

31.09.2024 - NVDA Stock was down 5.2%

• Factors such as Samsung's strong performance in the chip division and advancements in high-bandwidth memory technology by SK Hynix and Micron may have put pressure on Nvidia's market position, leading to the bearish movement.
• Optimistic outlook by AMD in the AI computing market and Meta Platforms' development of the Llama 4 AI model using Nvidia GPUs could have highlighted increased competition for Nvidia, impacting its stock negatively.
• The upcoming conference call by Nvidia to discuss its financial results for the third quarter of fiscal year 2025 might have created uncertainty among investors, contributing to the bearish trend in the stock price.
• In conclusion, the bearish movement in Nvidia's stock can be attributed to a combination of competitive pressures, advancements by rival companies, and upcoming financial discussions.

15.09.2024 - NVDA Stock was down 5.7%

• The bearish movement in NVDA could be attributed to potential export restrictions on advanced AI chips to specific countries, leading to concerns about future revenue streams.
• The U.S.-China standoff and discussions within the Biden administration about curbing sales of such chips may have created uncertainty among investors, impacting the stock negatively.
• Despite recent record highs and being on the verge of becoming the most valuable company, the market's reaction today suggests that geopolitical factors and regulatory concerns are currently weighing on NVDA's performance.

03.09.2024 - NVDA Stock was up 5.8%

• CEO Jensen Huang has stated that the demand for Nvidia's upcoming Blackwell GPU platform is exceptionally high ('insane'), hinting at strong interest and potential future sales growth.
• A strategic collaboration with Accenture to deploy AI agents in corporate settings is expected to spur the adoption of Nvidia's technology, potentially increasing revenues.
• Industry analysts are positive about Nvidia's position in the AI sector and the partnership with Accenture, predicting significant market expansion and faster adoption of AI technologies factors likely contributing to the upward movement in the stock price.
• By establishing the Accenture NVIDIA Business Group in an expanded partnership, Nvidia underscores its dedication to growing its footprint in the AI market, bolstering investor confidence and propelling the stock price upwards.

08.00.2025 - NVDA Stock was down 5.1%

• The bearish movement in NVDA stock could be attributed to analysts' reactions to CEO Jensen Huang's technical keynote at an industry event, which may have lacked the expected level of clarity and market appeal.
• While NVDA's collaboration with a prominent ridesharing company for autonomous driving technology and partnership with a popular streaming platform for AI-powered streaming were positive developments, they may not have been enough to offset the market sentiment post-keynote.
• The buzz around a semiconductor company's HBM chips powering Nvidia's latest architecture, as highlighted by CEO Jensen Huang, could have inadvertently shifted investor focus towards the semiconductor company, potentially impacting NVDA's stock performance.
• The unveiling of a technology company's AI PCs with an AI agent at an industry event may have also contributed to the overall market perception of NVDA's competitive positioning in the AI and technology space, influencing the bearish movement.

17.09.2024 - NVDA Stock was up 5.0%

• Nvidia, along with other chipmakers like AMD and Micron, are surging higher premarket, indicating positive sentiment in the semiconductor space.
• TSMC's impressive third-quarter profit beat expectations, driven by the AI boom, further boosting confidence in the industry.
• Billionaire investor Druckenmiller's regret over selling Nvidia stock amidst its stratospheric rally highlights the company's strong performance and potential for growth.
• The overall bullish sentiment in the market, fueled by the AI surge, has contributed to Nvidia's impressive stock performance and the completion of a 2-year bull run.

07.00.2025 - NVDA Stock was down 5.8%

• Despite the positive news of partnerships and groundbreaking reveals at CES 2025, NVDA's stock price took a hit, possibly due to profit-taking by investors after a period of strong growth.
• The market may have reacted negatively to the lack of specific financial details or revenue projections, leading to a sell-off.
• Investors might be concerned about increased competition in the AI and technology space, as highlighted by the partnerships and advancements announced by other companies at CES 2025.
• The overall sentiment towards tech stocks or market conditions today could have also influenced NVDA's bearish movement, despite the company's impressive showcase at the event.

03.00.2025 - NVDA Stock was up 5.7%

• NVDA stock saw a strong bullish trend after announcing a partnership with Cerence to improve in-vehicle assistant performance and AI deployment, hinting at growth prospects in the automotive tech industry.
• The extended collaboration with Cerence to enhance language models further bolstered investor confidence in NVDA's standing in the AI sector.
• Investor optimism towards NVIDIA was also supported by its remarkable 2024 performance, showing a 171% increase. However, cautious monitoring of future developments is recommended due to its high valuation.