What's Happening to Nvidia Stock RIGHT NOW?

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Nvidia stock price dropped 4% today; what is going on with NVDA Stock? Why did Nvidia stock drop today.

A portion of this video is sponsored by The Motley Fool.

I have a position on $NVDA

DISCLAIMER: I am not a financial advisor. All content provided on this channel, and my other social media channels/videos/podcasts/posts, is for entertainment purposes only and reflects my personal opinions. Please do your own research and talk with a financial advisor before making any investing decisions.
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Bullish or bearish, AI stocks will still dominate 2024, even beyond. Why I prefer NVIDIA is that they are better placed to maintain long-term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

WaldronsSousas
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The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?

Billy--dh
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If you're bearish on NVDA you arent paying attention. Blackwell just starting shipping and demand is greatly outpacing supply. 2025 will be insane for NVDA.

AJ-ijcq
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I’m favoured financially with Bitcoin ETFs, Thank you buddy.$63, 700 biweekly profit regardless of how bad it gets on the economy

Robert
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One parallel can illustrate the difference between ASIC chips and GPUs, and it is crypto currencies: A lot of people invested in GPUs to mine cryptos and others bought ASIC mining rigs. Those who used GPUs were able to sell them to gamers after generating bitcoins, and make some money from the sale of their mining rigs, while the ASIC systems had no residual value because they could not be used for anything else. ASIC chips, while faster, cannot be used for other purposes.

pierrec
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AMZN is only up 22% over the last 4 years.

xxxblanco
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they dumped NVDA like they are filing bankruptcy

xxxblanco
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$NVDA alone reserved the majority [60%] of the CoWos GPU production capacity at $TSMC -the ONLY fabricator that can make the most powerful chips. Every other hyperscaler and chip designer making GPU’s fights over the remaining 40%. Amazon will only be able to produce a handful. Not even enough for a fraction of their own Ai and accelerator needs.

LawrenceMarkFearon
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Load the boat time at low $130s....santa rally soon.

Mark-Rain
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I told you Jose you will walk back your words on ASML, even if Amazons will compete with NVIDIA. Both their chips are made by TSMC with EUV machines of ASML, stop being the know it all just own the casino and sit back. Easy money, i don't care who wins with chips, as long as they come to ASML to order machines to produce them. ASML always wins no matter who wins the chips design war.

asrarrashid
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Great video bro..I have 100+ shares of NVDA..I’m pissed that this stock keeps going down..after they report their earnings..which they beat all expectations smfh

kevinruiz
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All the institutions investors are running to small cap stock to save haven. Until they realize that small cap don't need their money because they are used to operate with less money. They will run back to the giant company.

blacklight
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It is trading way cheaper than many hype stocks right now, including Sofi, Palantir, Tesla etc.
I don't really understand it... the hype seems to be pretty much gone right now, but it "should" return in the future.

CosmicCells
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Same old story every quarter… market is just looking for excuses to get bearish on nvda, cause the stock is nearly perfect. We will see some dip and then it will go up until march or so.

SuperReyand
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Once again buy the dip and to the moon😊

wendydivine
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if you compare NVDA's forward pe to TSLA ....

fangquans
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I need some advice, I’ve been stupid and put a cfd position in at 142 just before this drop, and am currently down to £1850 pounds which is more than I’ve earnt, its current average is $135 dollars and idk what to do

Will.Wilkens
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If nvidia keeps going down im going all in

alesandrogranados
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man… i thought 136 is good. 😢

people talking abt 125

HTx
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😢 i hv ave 144 should i hedge right now?🎉

graceimson
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