Nvidia Stock Plunges Six Days Straight Amid AI Business Uncertainty

Nvidia's stock has been declining for six consecutive days, its longest drop in four years. The sell-off is driven by uncertainty over earnings and high market expectations for Nvidia's AI business, despite strong fundamentals.

Wall Street expects nearly 100% revenue growth, fueled by demand for AI infrastructure and data center chips. This growth could be further boosted by price increases on AI server systems, which may lead to higher future revenues.

AI-driven forecasts suggest that Nvidia's stock could rebound to around $236 within a month if earnings and guidance meet expectations.