Nvidia (NVDA) is a semiconductor giant that has been at the forefront of the artificial intelligence (AI) revolution. After surging over 1,200% between October 2022 and September 2024, Nvidia stock currently trades 20% below all-time highs as it wrestles with headwinds, including international trade tensions and competitive threats.
The decline in NVDA stock comes at a pivotal moment as the semiconductor industry grapples with new tariffs on China, and the pending levying of tariffs on Mexico and Canada. The tech heavyweight is also processing the implications of DeepSeek’s advancement in the AI space. With these hardships in mind, Seeking Alpha reported on Feb. 3 that Nvidia was “flirting” with its 6-month lows.