NVIDIA Corporation ($NVDA) Stock Forecast: Down 5.0% Today

What is NVIDIA Corporation?

NVDA (Nvidia Corporation) is a leading technology company known for its graphics processing units (GPUs) used in gaming, professional visualization, and artificial intelligence (AI) applications. The company has been a key player in the AI chip market.

Why is NVIDIA Corporation going down?

NVDA stock is down 5.0% on Jun 23, 2026 13:41

• The bearish movement in NVDA's stock today could be attributed to advanced discussions of a possible acquisition by Qualcomm. This news has intensified competition in the AI chip sector and potentially poses a threat to Nvidia's market dominance.
• Additionally, significant deals secured by Argentum AI, a Super Micro-backed firm, for artificial intelligence infrastructure using Nvidia chips, might have raised concerns about potential shifts in market share within the AI industry.
• The overall market sentiment towards Nvidia could have been influenced by these recent developments, leading to the bearish movement as investors reassess the competitive landscape and future prospects for the company in the AI chip market.

NVDA Price Chart

NVDA Technical Analysis

NVDA News

Qualcomm's $4 Billion AI Deal Talks Put Nvidia Rivalry in Focus

Qualcomm is reportedly in advanced discussions to acquire Modular Inc. for approximately $4 billion, aiming to bolster its artificial intelligence infrastructure. This potential acquisition would intensify Qualcomm's competition with Nvidia, the current leader in AI chips. The news of the talks comes shortly before Qualcomm's investor day, with the company's shares having risen 30% this year.

https://www.tradingview.com/news/gurufocus:081927c71094b:0-qualcomm-s-4-billion-ai-deal-talks-put-nvidia-rivalry-in-focus/

One Stop Systems to join Russell 2000 index on June 29

One Stop Systems Inc. (NASDAQ:OSS) is set to join the Russell 2000 Index on June 29, 2026, as part of the annual rebalancing. This inclusion, which follows a 363% surge in OSS shares over the past year and a market capitalization of $450.55 million, is seen by the company as validation of its growth strategy. The company, known for its high-performance compute systems for AI and machine learning, recently reported strong Q1 2026 earnings and secured a significant contract in the defense sector.

https://www.investing.com/news/company-news/one-stop-systems-to-join-russell-2000-index-on-june-29-93CH-4755416

Super Micro-Backed AI Firm Bags $7.8 Billion Deals With Nvidia Chips in Demand

Argentum AI, a private cloud-computing firm backed by Super Micro Computer, has secured $7.8 billion in artificial-intelligence infrastructure deals. This development highlights the sustained high demand for Nvidia chips and indicates growing AI advancements beyond U.S. borders. The firm offers access to over 200,000 GPUs for AI computing.

https://www.barrons.com/articles/super-micro-ai-argentum-nvidia-chips-895c7460

Evercore Downgrades TE Connectivity (NYSE:TEL) to Hold

Evercore has downgraded TE Connectivity (NYSE:TEL) from "strong-buy" to "hold," contributing to a mixed analyst outlook that still results in a consensus "Moderate Buy" rating. The company recently surpassed quarterly earnings and revenue expectations and has an ongoing $3 billion share repurchase program, though some insider selling has occurred. TE Connectivity's stock performance and institutional ownership are also detailed, alongside an overview of its business as a global industrial technology company focusing on connectivity and sensor solutions.

https://www.marketbeat.com/instant-alerts/evercore-downgrades-te-connectivity-nysetel-to-hold-2026-06-23/

1 Cash-Producing Stock to Own for Decades and 2 Facing Challenges

This article identifies one strong cash-producing company, Fair Isaac Corporation (FICO), as a desirable long-term investment due to its effective reinvestment strategies and robust free cash flow. Conversely, it advises caution or avoidance for Qualys (QLYS) and Fortive (FTV), citing concerns such as subpar growth, declining revenue, and average returns on capital. The piece emphasizes the importance of effective cash allocation for sustained business success.

https://uk.finance.yahoo.com/news/1-cash-producing-stock-own-102446609.html

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NVIDIA Corporation Price History

02.05.2026 - NVDA Stock was up 5.0%

• NVIDIA (NVDA) is considered a smarter buy compared to Texas Instruments (TXN) due to lower valuation multiples and higher revenue and operating income growth.
• CEO Jensen Huang's commitment to paying employees generously to share the wealth from the AI boom reflects positively on the company's culture and long-term prospects.
• Institutional interest in Advanced Micro Devices (AMD) remains high, with significant stake increases by Root Financial Partners LLC, indicating confidence in the company's performance despite concerns about competition.
• Norges Bank's substantial acquisition of shares in Flex Ltd. (FLEX) and positive analyst ratings suggest growing investor confidence in the company's future performance, despite recent insider transactions showing share sales.

13.04.2026 - NVDA Stock was up 5.0%

• NVDA showed a positive performance today, likely influenced by optimistic market outlook and the overall strength of the semiconductor industry.
• The upward movement in Analog Devices Inc (ADI) and Texas Instruments Inc (TXN) stocks, driven by positive analyst outlook and strong financial results, potentially contributed to the favorable momentum in the semiconductor sector, benefiting NVDA.
• An increase in Cantor Fitzgerald's price target for ON Semiconductor (ON) based on improving market trends and revenue growth in data centers might have bolstered investor confidence in semiconductor stocks, including NVDA.
• The growing demand for AI technologies, as observed in various sources, could have further supported NVDA's positive trajectory, given its significant role in AI applications and technologies.

13.04.2026 - NVDA Stock was up 5.3%

• Nvidia's stock surged today by riding on the momentum of a strategic partnership with Corning Inc. for U.S. manufacturing expansion in the AI data center market.
• The bullish movement could also be attributed to the overall positive sentiment in the tech sector, especially with companies like Texas Instruments Inc and Western Digital Corporation reporting strong financial performances driven by AI demand.
• Investors are likely optimistic about Nvidia's growth potential in the AI sector, given the increasing reliance on GPUs for AI applications and the company's positioning in key markets.
• The market movement may also reflect investors' confidence in Nvidia's ability to capitalize on the growing demand for AI technologies, as evidenced by the recent developments in the industry and partnerships with key players.

03.05.2026 - NVDA Stock was down 5.1%

• Nvidia Corporation (NVDA) is a prominent technology company specializing in graphics processing units (GPUs) used across various sectors such as gaming, data centers, and automotive applications. The stock witnessed a significant downturn today.
• The downward movement in NVDA can be linked to the general pessimism surrounding the tech industry and concerns over regulatory hurdles impacting semiconductor companies.
• Despite Nvidia's strategic alliance with Coherent Corp. and contributions to AI infrastructure advancements, market reactions may stem from broader industry shifts and uncertainties.
• The stock's decline could also be influenced by profit-taking activities post recent price spikes and investor wariness amidst market unpredictability.
• Traders are advised to track internal developments within Nvidia and external factors impacting the tech sector for well-informed decision-making amid market swings.

03.05.2026 - NVDA Stock was down 5.7%

• The recent downtrend in NVDA could be linked to profit-taking by investors following a period of robust growth.
• Concerns regarding potential competition in the AI market arose with the partnership announcement between NetApp and Cisco, impacting NVDA's stock.
• Investor focus may have temporarily shifted from NVDA due to positive news around FormFactor, Inc., surpassing earnings expectations and receiving a "Moderate Buy" rating.
• Despite strong quarterly results, insider selling in Advanced Micro Devices (AMD) prompted some investors to rotate out of NVDA and into other semiconductor stocks, influencing the bearish movement.

23.05.2026 - NVDA Stock was down 5.0%

• The bearish movement in NVDA's stock today could be attributed to advanced discussions of a possible acquisition by Qualcomm. This news has intensified competition in the AI chip sector and potentially poses a threat to Nvidia's market dominance.
• Additionally, significant deals secured by Argentum AI, a Super Micro-backed firm, for artificial intelligence infrastructure using Nvidia chips, might have raised concerns about potential shifts in market share within the AI industry.
• The overall market sentiment towards Nvidia could have been influenced by these recent developments, leading to the bearish movement as investors reassess the competitive landscape and future prospects for the company in the AI chip market.

05.05.2026 - NVDA Stock was down 5.1%

• The downward movement in Nvidia's stock may be attributed to profit-taking following a recent upswing and general market conditions impacting semiconductor stocks.
• Worries about competitive challenges from firms like AMD, as demonstrated by AMD's downgrade due to trailing technology and growth metrics in comparison to Nvidia, could have exacerbated the pessimistic outlook.
• The industry-wide decline, exemplified by Intel's decrease prompted by Broadcom's AI chip projections, could have set off a chain reaction influencing Nvidia's stock as well.
• Macro-level uncertainty, including factors like the upcoming non-farm payrolls report, might have played a role in the overall market instability, further impacting Nvidia's stock performance.

05.05.2026 - NVDA Stock was down 5.8%

• NVDA faced a downward trend likely influenced by heightened competition in the AI PC industry following the release of its new RTX Spark superchip, raising concerns about its market share.
• The overall decline in the semiconductor sector may have had a negative impact on NVDA's stock price, mirroring a broader market sentiment affecting technology companies.
• Analysts' apprehensions regarding Qualcomm's valuation and a stagnant earnings outlook could have had a spillover effect on NVDA, contributing to the stock's decline as investors reconsidered the entire tech sector.
• Despite NVDA's strong foothold in AI and data centers, competitive pressures and market sentiment appear to have outweighed positive advancements, leading to the decline in the company's stock price.

05.05.2026 - NVDA Stock was down 6.6%

• The bearish trend in NVDA could be linked to general sector challenges in the semiconductor industry, as indicated by the decline in other semiconductor companies like Analog Devices Inc. (ADI) and Arista Networks Inc. (ANET).
• Negative market sentiment towards semiconductor stocks was influenced by worries about macroeconomic conditions such as strong job reports and the possibility of interest rate increases, impacting investor trust in the tech sector.
• Factors such as insider trading and concerns about valuation in semiconductor firms may have played a role in the overall decline in NVDA and its industry counterparts.
• The industry-wide dip in semiconductor stocks post-Broadcom's earnings miss and the repercussions of the disappointing job reports exacerbated the downward pressure on NVDA, demonstrating the interconnected nature of the tech sector and global economic influences.

05.05.2026 - NVDA Stock was down 5.3%

• Today's bearish trend in Nvidia's stock price may be linked to concerns expressed about AMD's downgrade. This highlighted AMD's technological and growth metrics lag behind Nvidia, potentially influencing the semiconductor sector negatively overall.
• The pessimistic outlook towards Texas Instruments Inc (TXN) and Intel Corp (INTC) in the semiconductor industry might have added to the prevailing negative sentiment that pulled down Nvidia's stock price.
• Sector-wide uncertainties surrounding technology stock valuations, profit-taking activities, and macroeconomic concerns could have triggered investors to reassess their positions in Nvidia, contributing to the observed bearish movement.
• Although Nvidia has a strong presence across various markets, such as AI and data centers, the prevailing market sentiment and industry pressures appear to have overshadowed the company's positive fundamentals, leading to today's bearish movement in its stock.

06.04.2026 - NVDA Stock was up 5.1%

• NVDA stock surged as a result of robust earnings from a competitor, pointing to increased investment in AI infrastructure within the semiconductor sector.
• The industry-wide recognition of significant AI infrastructure spending by major players benefitted companies like NVDA throughout the semiconductor supply chain.
• Broadcom's focus on private AI through VMware Cloud Foundation 9.1 highlights the growing interest in private cloud solutions, potentially boosting demand for NVDA's products.
• The optimistic atmosphere in the semiconductor market, reflected in the success of Nova and Teradyne, could have also played a role in NVDA's bullish performance today.

06.04.2026 - NVDA Stock was up 5.0%

• Nvidia experienced a strong bullish movement today, outperforming other chip players.
• The stock's positive momentum can be attributed to its strategic positioning in the AI market, where it continues to innovate and expand its product offerings.
• Nvidia's CEO announcement of plans to sell stand-alone CPUs may have also contributed to investor optimism about the company's future growth potential in the semiconductor space.
• The overall bullish sentiment towards Nvidia reflects market confidence in its ability to capitalize on emerging technologies and drive future profitability.