NVIDIA Stock Drops 3.4% Amid AI Demand Concerns
NVIDIA (NASDAQ:NVDA) shares declined 3.4% on Monday, with trading as low as $208.93 and closing at $210.96.
Approximately 130 million shares changed hands during trading, a decline of 17% from the average daily volume of 157 million shares.
The company's management has reportedly expected approximately 70% revenue growth in fiscal 2028, with supply limitations still affecting sales.