Stocks
NVIDIA Shares Slide as Revenue Growth Momentum Fades
NVIDIA (NASDAQ:NVDA) shares traded down by 2% on Tuesday. The company's stock price dropped to as low as $224.85 and last traded at $225.73.
The average session volume of 158,553,531 shares declined by 25%, with only 118,663,629 shares trading hands during the day.
The recent quarterly results remain a key bullish factor for NVIDIA, with revenue reaching $96.2 billion, up 106% year over year. Management indicated that roughly 70% revenue growth could continue into fiscal 2028.
NVIDIA's strong Data Center demand and upcoming product ramps, including the Blackwell and Vera Rubin products, support earnings visibility.