Nvidia shares have fallen by approximately 18% over the past two weeks. This decline has resulted in a reduction of the company's market capitalization by about $940 billion. The downward trend reflects broader market concerns regarding the semiconductor and artificial intelligence sectors.
Investors are currently focused on the company's upcoming earnings report, scheduled for release on November 17. Market participants expect data on revenue, profit margins, and updates regarding orders from hyperscalers. Statements from CEO Jensen Huang will also be closely monitored.
External factors continue to impact the stock's outlook, including potential changes in U.S. export controls and shifts in AI infrastructure spending by major technology firms. Current market sentiment suggests uncertainty about whether the stock price will exceed $140 by the end of November.
