Key Highlights
- Like its fellow Magnificent 7 members, Nvidia struggled due to economic uncertainties about the effects of tariffs, as well as due to Chinese AI innovations.
- Bears saw Nvidia stock falling further because of bearish pressure from the broader market.
- Yet, some investors remain optimistic for a sustained rebound, and lately that seems to have been the case.
- The stock returned to all-time highs as some tariff fears dissipated and macro data improved, and Nvidia became the first $5 trillion market cap company.
- 24/7 Wall St.