Nvidia's six-month stock rally vanishes, says Cointelegraph
Nvidia has handed back every gain it racked up over the past six months, according to Cointelegraph. The chip giant that became the face of the AI trade is now back where it started half a year ago. It's a stark milestone for the stock that has anchored the whole market's AI enthusiasm.
Nvidia just gave it all back. The chipmaker has erased every gain it collected over the past six months, Cointelegraph flagged, putting the stock right back where it stood half a year ago.
That's a rough round trip for a company that spent the stretch as the market's AI poster child. Nvidia's chips sit at the heart of the data-center buildout driving the artificial intelligence boom, and its share price has long doubled as a scoreboard for how bullish investors feel about the whole theme.
The outlet didn't spell out what drove the slide, only that the six-month rally has been fully wiped out. Anyone who bought in at the start of that run is now sitting at square one.
What happens next matters well beyond Nvidia's own ticker. Wall Street has treated the stock as a proxy for the AI trade at large, so a full retracement of six months of gains lands as a signal worth watching.
TopicsNvidia · NVDA · Cointelegraph
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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