
Nvidia has faced a staggering decrease of $200 billion in its valuation, marking its lowest trading levels since September 2024. The company has been widely recognized for its powerful components and gaming hardware, notably the Nvidia RTX series of graphics cards.
The recent valuation turmoil has been attributed to broader fluctuations in the stock market, with major indices suffering significant setbacks. The Dow Jones Industrial Average witnessed a decline of 670 points in a single day, while both the S&P 500 and the Nasdaq Composite also recorded notable drops.
Summary
- Nvidia’s valuation has fallen by $200 billion, dropping to its lowest levels since 2024.
- The stock market has also been under pressure, witnessing a drop with the Dow declining 670 points.
Trump’s Tariffs and Their Impact on Nvidia
While Nvidia has reported dips following President Trump’s tariffs on imports from abroad, the company still shows a more favorable financial position compared to its performance six months earlier. Shares of Nvidia were as low as $103, rising to $116 at market close on March 4. The stock saw a remarkable growth spurt, climbing over 1600% since 2020.
Recent tariffs and potential future restrictions could drive the prices of Nvidia’s products upward, as consumers may find themselves paying higher prices for GPUs and other components.