Stock Market Today: Nvidia Extends Slide as AI Momentum Stalls
NVIDIA Corp (NVDA) fell 1.91% to $170.78, marking its fourth consecutive decline amid concerns over AI demand slowing. The stock saw high trading volume, with 229.04 million shares exchanged. The S&P 500 and Nasdaq Composite also dropped, reflecting broader market weakness. Peers like AMD and Intel also experienced declines. This downturn follows NVIDIA's cautious revenue forecast, leading investors to adjust expectations due to macroeconomic pressures, despite long-term demand signals.
NVIDIA Corp (NVDA -1.77%) dropped 1.91% on Tuesday to $170.78, its fourth consecutive decline. The stock traded 229.04 million shares, well above its 3‑month average, suggesting strong investor activity amid mounting unease.
Wider markets mirrored the weakness, with the S&P 500 (^GSPC -0.69%) falling 0.69% and the Nasdaq Composite (^IXIC -0.82%) down 0.82%, driven by concerns over valuation and AI-linked demand slowing.
NVIDIA's sector peers also declined. Advanced Micro Devices Inc (AMD -0.18%) edged down 0.19% to $162.32, while Intel Corp (INTC -0.59%) slipped 0.57% to $24.21.
The continued pressure follows NVIDIA's cautious revenue forecast last week, which has raised fresh doubts about the near-term pace of AI infrastructure investment. Despite strong long-term demand signals, many investors appear to be recalibrating expectations in the face of mounting macro headwinds.
Market data sourced from Google Finance and Yahoo! Finance on Tuesday, Sept. 2, 2025.
