Nvidia Is Plummeting Today -- Is the Stock a Buy Right Now?

Nvidia (NASDAQ: NVDA) stock is falling fast amid multiple bearish catalysts in Wednesday's trading. The company's share price was down 9.7% as of 3:15 p.m. ET amid a 3% pullback for the S&P 500 and a 4% decline for the Nasdaq Composite.Nvidia's valuation is heading lower today amid multiple bearish catalysts. Yesterday, the company submitted a filing to the Securities and Exchange Commission stating that it would be taking a $5.5 billion write-down following news from the U.S. government that it would now require an export license to sell its H20 processors to China. It's unlikely that the license will be granted in the near term and likely signals a significant loss of future sales for the artificial intelligence (AI) hardware leader. Nvidia is also moving lower in response to macroeconomic news. In addition to the Trump administration's announcement that tariffs on China would be raised to 245%, Federal Reserve Chairman Jerome Powell said that the central banking authority would continue to take a cautious approach to lowering interest rates. Nvidia stock is now down roughly 26% across 2025's trading. Continue reading

Apr 16, 2025 - 20:34

Nvidia Is Plummeting Today -- Is the Stock a Buy Right Now?

Nvidia (NASDAQ: NVDA) stock is falling fast amid multiple bearish catalysts in Wednesday's trading. The company's share price was down 9.7% as of 3:15 p.m. ET amid a 3% pullback for the S&P 500 and a 4% decline for the Nasdaq Composite.

Nvidia's valuation is heading lower today amid multiple bearish catalysts. Yesterday, the company submitted a filing to the Securities and Exchange Commission stating that it would be taking a $5.5 billion write-down following news from the U.S. government that it would now require an export license to sell its H20 processors to China. It's unlikely that the license will be granted in the near term and likely signals a significant loss of future sales for the artificial intelligence (AI) hardware leader.

Nvidia is also moving lower in response to macroeconomic news. In addition to the Trump administration's announcement that tariffs on China would be raised to 245%, Federal Reserve Chairman Jerome Powell said that the central banking authority would continue to take a cautious approach to lowering interest rates. Nvidia stock is now down roughly 26% across 2025's trading.