
All good things eventually come to an end, and the massive rally in Nvidia Corp. (NASDAQ:NVDA) appears to be finally losing steam. The seminal semiconductor stock has rallied nearly 100% following its April lows and has basically traded flat over the last month.
Even the impressive fiscal Q2 2026 earnings report released during the last week of August failed to move the stock much. Now the company is facing political pressure over its sales in China.