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NVIDIA Corp closed at 120.07 USD, reflecting a decline of 4.77 points (-3.82%) over the past five days. As of January 31 at 7:59 PM GMT-5, the stock faced downward pressure. In after-hours trading, the stock continued its slide to 119.23 USD, losing an additional 0.84 points (-0.70%), suggesting ongoing selling pressure beyond regular trading hours.
During the session, NVIDIA reached a high of 127.85 USD, indicating strong buying interest at certain points. However, it also hit a low of 119.19 USD, marking a significant intraday drop that contributed to the overall negative performance. The opening price of 123.78 USD suggests that the stock started at a relatively stronger position. With a market capitalization of 2.94L Cr, NVIDIA remains a dominant player in the semiconductor and AI-driven technology sector.
NVIDIA’s stock declined this week after China’s DeepSeek AI made remarks about its cheap chips and AI technology thereby challenging its American counterparts. This move brought turbulence in the U.S. stock market deeply impacting the tech-sector. NVIDIA’s stock was most hit as it is one the biggest semiconductor companies.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.