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NVIDIA Takes Hit as Amazon Leads Tech Giants Amid Rate Hike Expectations

Guavy AI Editorial Team
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AMZN
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NVIDIA and Amazon led market movements on August 30, 2026, as U.S. markets closed lower despite gaining for the week.

The Federal Reserve's interest rate hike in September is increasingly expected to influence tech stocks like NVIDIA, which fell over 4% from $217.55, currently undervalued by 42.6% according to its GF Value™ of $379.17.

Amazon, on the other hand, surged 3.97%, leading the tech giants.

NVIDIA's resilience in maintaining a strong position in the semiconductor industry is reflected in its financial strength ranking of 9/10 and its impressive GF Score™ of 95/100, indicating robust financial health and growth potential.

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