Nvidia (NASDAQ:NVDA) and other semiconductor stocks opened lower on Tuesday, reversing premarket gains as investors remained cautious after Monday’s historic tech sell-off.
Market Reaction
Nvidia: +5% premarket → -0.6% post-opening
Broadcom (NASDAQ:AVGO): -0.6%
AMD (NASDAQ:AMD): -0.8%
Micron (NASDAQ:MU): -1.7%
Marvell Technology (NASDAQ:MRVL): Flat
The S&P 500 fell 0.1%, while the Nasdaq 100 declined 0.3%, reflecting continued investor uncertainty in the tech sector.
Monday’s Sell-Off Recap
Nvidia lost $593 billion in market value, marking the largest one-day market-cap loss in U.S. history.
Nasdaq dropped 3.1%, with Nvidia as the biggest drag.
Broadcom fell 17.4%, while Microsoft (-2.1%) and Alphabet (-4.2%) also declined.
The trigger? DeepSeek, a Chinese AI startup, launched a cost-efficient AI assistant that quickly surpassed ChatGPT in downloads on Apple’s App Store. This intensified fears of market disruption in the AI sector.
Will Nvidia Rebound?
1. Analyst Price Targets
The Price Target Summary API provides insights into Nvidia’s target price trends and potential recovery trajectory.
2. Market Movers to Watch
The Market Biggest Gainers API can help identify stocks that outperform even during volatility.
Final Thoughts
With uncertainty surrounding AI dominance, Nvidia’s long-term fundamentals remain key.